Progressive Corporation
Insurance Company
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Description from Wikipedia:
The Progressive Corporation (PGR), Progressive Casualty Insurance Company, through its subsidiaries, provides personal automobile insurance, and other specialty property-casualty insurance and related services in the United States. The company operates in three segments: Personal Lines, Commercial Auto, and Other-indemnity. The Personal Lines segment writes insurance for private passenger automobiles, motorcycles, boats, and recreational vehicles through both an independent agency channel and a direct channel. The Commercial Auto segment writes primary liability and physical damage insurance for automobiles and trucks owned by small businesses primarily through the independent agency channel. The Other-indemnity segment provides professional liability insurance to community banks, principally directors, and officers liability insurance. It also provides insurance-related services, primarily providing policy issuance and claims adjusting services in 25 states for Commercial Auto Insurance Procedures/Plans. In 2009, the company was ranked 209 in the Fortune 500.
The company was co-founded in 1937 by Jack Green and Joe Lewis and is headquartered in Mayfield Village, Ohio.
- Name:
- Progressive Corporation
- Type:
- Public (NYSE: PGR)
- Location:
- Mayfield Village, Ohio
- Founded:
- 1937
- Stock Symbol:
- PGR
- Industry:
- Vehicle Insurance
- Key People:
-
- Glenn Renwick, CEO
- Peter Lewis, Chairman of the Board (Non-Executive)
- Revenue:
- $14.7 Billion USD (2007)
- No. of Employees:
- 26,851 (2007)
- Motto:
- It's about you. And it's about time.
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