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Progressive Corporation, also called Progressive, is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines, Property, and Other Indemnity. Read More The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. 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.
Mayfield Village, Ohio
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Looking Back at Sequoia and Progressive
- By Rupert Hargreaves At the Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) 2019 annual meeting earlier this month, Warren Buffett (Trades, Portfolio) discussed the profits of the auto insurance industry. Berkshire owns Geico, which is currently one of the largest auto insurers in the country behind State Farm. The company is vying for the top position with another publicly traded entity called Progressive Corp. (PGR). Geico and Progressive are two well run, highly efficient businesses that have p...
Yahoo FinanceMay 22
Progressive Gains As Market Dips: What You Should Know
In the latest trading session, Progressive (PGR) closed at $80.45, marking a +0.47% move from the previous day. This change outpaced the S&P 500's 0.28% loss on the day. Meanwhile, the Dow lost 0.39%, and the Nasdaq, a tech-heavy index, lost 0.45%. Prior to today's trading, shares of the insurer had gained 5.79% over the past month. This has outpaced the Finance sector's loss of 1.39% and the S&P 500's loss of 1.21% in that time. Investors will be hoping for strength from PGR as it approaches its next ear...
Expected Jul 16, Pre-Market