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ClimateInsurance Business

Progressive's April profit climbs 10% despite storm losses

May 21st, 2026 • 5 minView Source

Hail and thunderstorms took a bite out of margins — but policy growth kept the engine running

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.