Progressive will no longer sell new home insurance policies in Texas as of Aug. 13, according to a report from P&C Specialist. And Midwestern states like Illinois, Minnesota, Missouri, Nebraska, and Wisconsin could be next on the underwriting chopping block, P&C Specialist reported.
Progressive didn’t respond to Insurify’s request for comment about the situation. But CEO Tricia Griffith attached a letter to shareholders in the company’s quarterly 10-Q filing.
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