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PGR's Commercial Lines Fuels Growth: Can it Sustain the Momentum?
ZACKS· 2025-06-24 17:51
Key Takeaways Progressive's Commercial Lines segment now contributes 14% of total net premiums written. Growth is fueled by high retention, favorable pricing, and expanding e-commerce and gig economy demand. In Q1 2025, the segment's combined ratio improved by 430 bps, while Personal Lines saw a 70-bps decline.The Progressive Corporation (PGR) is increasingly relying on its Commercial Lines segment as a vital contributor to growth and a key source of business diversification beyond personal auto insurance ...
WRB Stock Near 52-Week High: A Signal for Investors to Hold Tight?
ZACKS· 2025-05-12 12:50
Shares of W.R. Berkley Corporation (WRB) closed at $72.49 on Friday, near its 52-week high of $76.38. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving averages (SMA) of $67.27 and $61.04, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.Earnings of W.R. Berkley grew 27.8% in the last ...