Progressive

RBC Capital markets has initiated an Outperform rating on the following companies: Progressive (NYSE: PGR) $24 price target Allstate (NYSE: ALL) $38 price target

The Progressive Corporation (NYSE: PGR) reported 2010 EPS of $0.12 vs. Deutsche Bank's estimate of $0.11, and also reported $5.7B in revenues, a sign that surplus has returned to peak levels, according to Deutsche. Deutsche Bank reports "Gainshare is Progressive's internal measure of the degree to...

Progressive Corporation (NYSE: PGR) offers smooth sailing for your boating four-legged friends. Starting Sept. 15, Progressive's free Pet Injury coverage protects boaters' dogs and cats. How it works: If your dog or cat is hurt in a boat accident, Progressive will pay your vet bills up to $1,000....

Keefe Bruyette & Woods has issued its weekly Property & Casualty Insurance Data Table, and lists price targets and risks for the following selected companies: ACE Limited (NYSE: ACE) PT: $$70 Risks: Global interest rates, demand for insurance products, catastrophic loss activity. Arch...