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

agency and progressive corp. - All News and Analysis

Progressive Corporation Investor Relations Conference Call Transcript

Seeking Alpha - 2009-08-26

Question-and-Answer SessionOperator Operator Instructions Michael Philips, your line is open for your question. Please state your company name. Michael Phillips - Stifel Nicolaus Stifel Nicolaus. First question, what percent of your customers are you seeing lower limits or at high deductibles or just fewer coverage's overall? Glenn Renwick Michael,...

Tags: Agency, California, Call Transcript, Investor Relations, Advertising & Promotion, Marketing, Seeking Alpha, Progressive Corp.
Brand touts independent agents.(Marketplace)(Progressive Corp. has launched a branding campaign )(Brief Article)

- 2004-11-01

In a nod to its existing distribution network of independent agents and brokers, Progressive Corp. has launched a branding campaign it plans to market through a multimedia advertising campaign and make available exclusively through agency channels. In a nod to its existing distribution network...

Tags: agency, agent, brand, branding, Progressive Corp.
Agency web backup crucial.(Brief Article)(Editorial)

- 2003-07-14

It was encouraging to learn recently that a majority of independent agencies access the Web with a business-grade, high-speed, broadband connection. But it was discouraging and alarming to hear that many of these wired agencies are not equipped with It was encouraging to learn recently...

Tags: agency, backup, Progressive Corp., Web
Agency's online job venture offers new recruiting venue. (CareerBoard.Com)

- 1997-08-11

A local online service begun by a Cleveland-based employment agency is helping employers take their recruitment efforts high-tech. The company, CareerBoard.Com, was launched to offer clients of Staffing Solutions Enterprises another tool in recruiting A local online service begun by a Cleveland-based employment agency is helping...

Tags: agency, job, Progressive Corp., recruiting
Progressive reconsiders contract. (Progressive Corp.'s 'Universal Auto' agency contract)

- 1994-03-21

Progressive Corp. is changing its "Universal Auto" agency contract, answering producer conerns that it infringes on their ownership of expirations. Agent leaders consider the shift "a tremendous improvement" over the original c Progressive Corp. is changing its "Universal Auto" agency contract, answering...

Tags: agency, agent, Progressive Corp.

Ind. agent auto writers cite growth. (independent)

- 1993-08-16

State Farm may own the number one ranking in the private passenger auto market based on marketshare, but eight of the 10 largest independent agency writers are nevertheless in a growth mode as demonstrated by increases in their direct written premium State Farm may own the...

Tags: agency, agent, Progressive Corp.