BNET Industries

Progressive Corp.

(PGR) is in the Financial Services Industry

Market Cap:$11.1B

Last Fiscal Year Sales:$12.8B

Public
US

Dow Jones Description

Founded in 1965, The Progressive Corporation (NYSE: PGR) is a leading provider of non-standard, high risk personal automobile insurance and other specialty property-casualty insurance and related services. Its three business segments include Personal Lines, Commercial Automobile, and Other. Through these divisions the company provides insurance for private passenger automobiles, primary liability and physical damage for vehicles owned by businesses, and liability insurance for directors and officers. The Company engages a network of over 28,336 agents, brokers and strategic business relationships at its headquarters in Village, OH and throughout the US.

Number of Employees 25,929

Contact Information

6300 Wilson Mills Rd

Cleveland, Ohio 44143-2109

www.progressive...

(440) 461-5000

Peer Companies

NAICS Code Direct Property and Casualty Insurance Carriers: 524126

Company News

Recent Events

Progressive Corp: Direct Auto Insurance Prices Up 1% In 2009

11/11/09 - Financial Announcement - View Story
Rhode Island Drivers Can Now Save Big Bucks Based on How They Drive as Progressive...

11/10/09 - Licensing / Contract - View Story
Making Progress

11/02/09 - Bond / Stock Rating - View Story
Sandler O'Neill Downgrades Progressive PGR to Hold

10/21/09 - Bond / Stock Rating - View Story
Progressive Launches New Online Game

10/13/09 - Product Announcement - View Story
> Progressive Corp. posts improved bottom-line results for September, third quarter

10/14/09 - Financial Announcement - View Story
Goldman upgrades Progressive, downgrades Allstate

9/11/09 - Bond / Stock Rating - View Story
Progressive Named One of the Best Places to Work in Northeast Ohio

9/16/09 - Bond / Stock Rating - View Story
Goldman Sachs upgrades Progressive to "buy," lowers Allstate to "sell"

9/11/09 - Bond / Stock Rating - View Story
Goldman Sachs Upgrades Progressive Corp. PGR Two-Notches to Buy

9/11/09 - Bond / Stock Rating - View Story
Progressive reports net income of $55M in August

9/10/09 - Financial Announcement - View Story
Progressive board member resigns

8/24/09 - Board Member - Leaving - View Story
Progressive Sees Profit Boost ... Finally

7/10/09 - Financial Announcement - View Story

News & Analysis

advertisement and progressive corp. - All News and Analysis

Gearing up: insurers are using driver safety programs, sharply focused advertising and the Internet to court teen drivers.(Auto)

- 2003-10-01

Teen-age drivers evoke images of reckless speed and its consequences--but insurers see them in a different light. With their numbers expected to create a baby-boom-like demographic bulge by 2010, insurers are busily reaching out to this group. Many auto writers are starting a dialogue with teens...

Tags: advertisement, Ala, Allstate Corp., Ark, Auto, Farmers, FINANCE, Insurance, Internet, Miss, Progressive Corp., State Farm Mutual Automobile Insurance Co.
Auto insurer targets teen-agers as a future market.(Insurer Topics)

- 2003-03-17

Byline: SHANNON MORTLAND Insurance to guard against pimples? Progressive Corp. isn't actually selling pimple insurance, but it's using the concept to plant the Progressive name in teen-age minds so the young consumers will remember the company w Byline: SHANNON MORTLAND ...

Tags: advertisement, insurance, Progressive Corp.
Campaign targets teens as future market; Progressive wants 15- to 17-year-olds to remember auto insurer when they're in their 20s.(Agent/Broker Topics)

- 2003-03-03

Byline: SHANNON MORTLAND Insurance to guard against pimples? Progressive Corp. isn't actually selling pimple insurance, but it's using the concept to plant the Progressive name in teen-age minds so the young consumers will remember the company w Byline: SHANNON MORTLAND ...

Tags: advertisement, insurance, Progressive Corp.
Teens target of Progressive ads.(Marketing)(auto insurance)

- 2003-02-10

Byline: SHANNON MORTLAND Insurance to guard against pimples? Progressive Corp. isn't actually selling pimple insurance, but it's using the concept to plant the Progressive name in teen-age minds so the young consumers will remember the company w Byline: SHANNON MORTLAND ...

Tags: advertisement, insurance, marketing, Progressive Corp.
Fitch Ratings affirms Progressive Corporation's ratings. (Advertisement: Insurance News).(Progressive Casualty Insurance Co.)(Brief Article)(Statistical Data Included)

- 2002-09-16

Fitch Ratings has affirmed the 'AA+' insurer financial strength ratings of the 24 pooled and reinsured members of the Progressive Casualty Insurance Group. The group represents substantially all of the personal automobile insurance operations of The Fitch Ratings has affirmed the 'AA+' insurer financial ...

Tags: advertisement, insurance, Progressive Corp.

NEW PROGRESSIVE CAMPAIGN TOUTS INDEPENDENT AGENTS.

- 1999-06-28

No one ever said that marketing auto insurance was easy. Just ask Marc Zeitlin, director of marketing and sales for the agent business unit of Progressive Corp. Mr. Zeitlin faces the difficult task of promoting Progressive's 38,000 independent age No one ever said...

Tags: advertisement, agent, Progressive Corp.