Company Description
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States.
It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV).
This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products.
The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses.
The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance.
The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers' compensation insurance, and other products; and reinsurance services.
It sells its products through independent insurance agencies, as well as through mobile applications and over the phone.
The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
| Country | United States |
| Founded | 1937 |
| Industry | Insurance - Property & Casualty |
| Sector | Financials |
| Employees | 61,400 |
| CEO | Ms. Susan Patricia Griffith |
Contact Details
Address: 6300 Wilson Mills Rd Mayfield Village, Ohio 44143 United States | |
| Phone | (440) 461-5000 |
| Website | progressive.com |
Stock Details
| Ticker Symbol | PGR |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000080661 |
| CUSIP Number | 743315103 |
| ISIN Number | US7433151039 |
| Employer ID | 34-0963169 |
| SIC Code | 6331 |
Key Executives
| Name | Position |
|---|---|
| Susan Patricia Griffith | President, Chief Executive Officer and Director |
| John Peter Sauerland | Vice President and Chief Financial Officer |
| Patrick K. Callahan | President of Personal Lines |
| John Joseph Murphy | President of Claims |
| Karen Barone Bailo | President of Commercial Lines |
| Jonathan S. Bauer | Chief Investment Officer |
| Mariann Wojtkun Marshall | Vice President, Chief Accounting Officer and Assistant Secretary |
| Steven Anthony Broz | Chief Information Officer |
| Douglas S. Constantine | Director of Investor Relations |
| David M. Stringer | Vice President, Secretary and Chief Legal Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 17, 2024 | 144 | Filing |
| Apr 12, 2024 | 8-K | Current Report |
| Apr 11, 2024 | PX14A6G | Notice of exempt solicitation submitted by non-management |
| Mar 25, 2024 | ARS | Filing |
| Mar 25, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 15, 2024 | 8-K | Current Report |
| Mar 5, 2024 | 144 | Filing |
| Mar 5, 2024 | 11-K | Annual report of employee stock purchase, savings and similar plans |
| Feb 26, 2024 | 10-K | Annual Report |
| Feb 21, 2024 | 144 | Filing |