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The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, tractors, trailers, straight trucks, tow trucks and wreckers, vans, pick-up trucks, and autos; business-related general liability and commercial property insurance for small businesses; and workers' compensation insurance for the transportation industry. In addition, it offers other specialty property-casualty insurance and provides related services; personal property reinsurance products; and involved in investment activities. It sells its products through independent insurance agencies, as well as online and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
The Progressive Corporation is an American insurance company headquartered in Mayfield, Ohio. It was co-founded in 1937 by Jack Green and Joseph M. Lewis. The company insures passenger vehicles, motorcycles, recreational vehicles (RVs), trailers, boats, personal water craft (PWC), and commercial vehicles. Progressive also provides home, life, pet, and other types of insurance through select companies. Wikipedia ↗
Headquarters: Mayfield
www.progressive.com ↗| Ms. Susan Patricia Griffith | President, CEO & Director | 61 | 6,705,646 USD |
| Mr. Patrick K. Callahan | President of Personal Lines | 55 | 2,792,304 USD |
| Mr. John Joseph Murphy | President of Claims | 56 | 1,887,075 USD |
| Ms. Karen Barone Bailo | President of Commercial Lines | 57 | 2,352,729 USD |
| Mr. Andrew John Quigg | VP & CFO | 46 | — |
| Mr. Jonathan S. Bauer | Chief Investment Officer | 47 | — |
| Mr. Carl G. Joyce | VP & Chief Accounting Officer | 43 | — |
| Mr. Steven Anthony Broz | Chief Information Officer | 55 | — |
| Ms. Julianna Paterra C.F.A. | Director of Investor Relations | — | — |
| Mr. David M. Stringer | VP, Secretary & Chief Legal Officer | 50 | — |
| Year | Buybacks | Dividends | Acquisitions |
|---|---|---|---|
| 2021 | — | — | 313 |
| 2022 | 99 | 261 | -0 |
| 2023 | 141 | 277 | -0 |
| 2024 | 634 | 682 | — |
| 2025 | 166 | 2,871 | — |
Shares outstanding since 2016: -0.1% 580.3 mln → 579.5 mln. Fewer shares — the company buys them back and each holder owns more.