Fitch Ratings

In an email obtained by WGLT, the insurer says "if and when" changes are needed, the company will start with voluntary staff reductions whenever possible, but did not rule out the possibility of layoffs.

Last summer, Fitch Ratings projected Geico and Progressive would overtake State Farm in auto insurance premium volume in 2023.

A report released Monday says Illinois’ poor credit rating should be blamed on “governance weakness,” not the state’s economy.Fitch Ratings says although…