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4-Traders Homepage  >  Equities  >  Nyse  >  Progressive Corp    PGR

Business Summary
Logo Progressive Corp
Provides automobile and casualty insurance services

Progressive Corp. is specialized in insurance products primarily related to motor vehicles.

It offers insurance solutions for personal and commercial property casualty.

It operates through the following segments: Personal Lines, Commercial Lines, Property, and Other Indemnity.

The Personal Lines segment offers insurance for personal autos and recreational vehicles.

The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the business auto, for-hire transportation, contractor, for-hire specialty, and tow market.

The Property segment covers residential property insurance for homeowners, other property owners, and renters.

The Other Indemnity segment manages run-off businesses.

The company was founded in 1965 and is headquartered in Mayfield Village, OH.

Number of employees : 31 721 persons.
Sales per Businesses
USD (in Million)%USD (in Million)%
Personal Lines17,29582.9%19,18881.6% +10.95%
Commercial Lines1,9969.6%2,42110.3% +21.31%
Property609.102.9%864.503.7% +41.93%
Investments567.302.7%530.002.3% -6.58%
Fees and Other Revenues302.001.4%332.501.4% +10.1%
Service Businesses86.300.4%103.300.4% +19.7%
Gains (Losses) on Extinguishment of Debt-0.900-0%1.600%-
Sales per Regions
USD (in Million)%USD (in Million)%
United States20,854100%23,44199.7% +12.41%
Tricia Griffith531988President, Chief Executive Officer & Director
Glenn Renwick621986Non-Executive Chairman
John P. Sauerland, MBA531990Chief Financial Officer & Vice President
Steven A. Broz47-Chief Information Officer
Bradley T. Sheares, PhD602003Independent Director
Charles Arthur Davis, MBA691996Independent Director
Patrick H. Nettles, PhD742004Independent Director
Roger N. Farah642008Independent Director
Lawton Wehle Fitt, MBA642009Lead Independent Director
Stuart B. Burgdoerfer MBA, CPA542009Independent Director
Vote QuantityFloatCompany-owned sharesTotal Float
Share A 1 797,500,000 577,792,072 72.5% 216,500,000 27.1% 72.5%
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Neuberger Berman Investment Advisers LLC 8,650,438 1.49%
Company contact information
Progressive Corp.
6300 Wilson Mills Road
Mayfield Village, OH 44143-9998

Phone : +1.440.461.5000
Fax : +1.440.395.1812
Web : www.progressive.com
Sector Insurance - Automobile
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