Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Progressive (NYSE: PGR)

Market Insanity

Will Auto Insurance Companies make more money in California?

Therefore, California could limit the amount of float, Berkshire Hathaway (NYSE: BRK.A) brings in by changing the way auto insurance rates calculated. For instance, women could pay less and men more through gender-neutral auto insurance.

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Market Commentary

Are Increased Traffic Fatalities Hurting Auto Insurers?

All this seems to point to a deeply-flawed business model. Auto insurers are generating more revenue but making less mo

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Good Stocks

Is Mercury General the best Auto Insurance Stock?

Mercury General is one of those rare companies that you should buy just for the dividend yield. It has delivered a dividend yield of over 4.5% for the last five years according to ycharts.

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Long Ideas

Progressive and the Rising Cost of Auto Insurance

If the income drop continues Progressive’s business might no longer be profitable or sustainable at some point. A strong possibility is that the company’s net income will drop below $1 billion in third or fourth quarter 2016.

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