Sooooo, we missed Q3 numbers on both earnings and premiums... then Florida’s profit cap forced a roughly $1B policyholder credit (back in September) soooo this slammed profits, so the stock is now junk. On a lighter note, all competitors have same problems and are junk too.
1 reply
yeah, but if the numbers are missed then it is the employees that are always at fault, not the executives. That is what makes Progressive special.