Total personal auto policies in force remain up over 13% from last year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,527,800 in August, down 0.6% from 19,642,900 in July. August’s policies in force represent an increase of 12.6% from 17,336,300 in August 2022. Growth appears to have slowed […]
Progressive Reports Personal Auto Policies in Force Down Slightly for Second Month in a Row
Total personal auto policies in force remain up over 14% from last year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,642,900 in July. July’s policies in force represent an increase of 14.0% from 17,233,900 in July 2022, but down 0.08% from 19,658,300 in June. Growth appears to have […]
Progressive’s Scott Ziegler Elected Chair of IIHS Board of Directors
Scott Wesley Ziegler, general manager of personal lines at Progressive Insurance, has been elected chair of the Insurance Institute for Highway Safety’s Board of Directors for 2023. Ziegler takes over from Stan McNaughton, president and chief executive officer of PEMCO, who remains on the Board. “The mission of preventing traffic deaths and injuries is deeply […]
Progressive Celebrates 10 Years of the Keys to Progress Program
Over 900 vehicles donated through program to military families. Progressive Insurance announced its 10th annual Keys to Progress vehicle giveaway taking place today. Ahead of Veterans Day, 100 veterans and military-related organizations across the country will receive the keys to vehicles that will provide reliable transportation, helping them and the veterans they serve get back […]
Progressive’s Ninth Annual Keys to Progress Giveaway Marks 800 Vehicles Donated to Military Families Since 2013
For the ninth consecutive year, Progressive Insurance will host its annual Keys to Progress vehicle giveaway on November 9, 2021. Ahead of Veterans Day, 45 veterans in need across the country and their families, along with five military-related organizations, will receive the keys to vehicles that will provide reliable transportation, helping them get back on […]
Progressive to Hire 6400 New Employees to Support Growth
Progressive Insurance intends to hire up to 6,400 new employees during the remainder of 2021 to support the national insurance organization’s growth. With 2020 total revenues topping $42 billion, the company continued to gain market share and increase its customer base and it will be adding more employees in claims, customer care, technology, analysis and […]
Progressive Completes Acquisition of Commercial Insurer Protective Insurance
The Progressive Corporation (NYSE:PGR) announced that it has successfully completed the acquisition of Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB). Under the terms of the merger agreement, holders of Class A and Class B common shares of Protective will receive $23.30 per share in cash, without interest, for a total transaction value of approximately $338 […]
Progressive Acquires Commercial Auto Insurer Protective Insurance
The Progressive Corporation (NYSE: PGR) and Protective Insurance Corporation (NASDAQ: PTVCA and PTVCB) announced that they have entered into an agreement for Progressive to acquire all of the outstanding Class A and Class B common shares of Protective for $23.30 per share in cash, for a total transaction value of approximately $338 million. The acquisition […]
Progressive’s Eighth Annual Keys to Progress Giveaway Marks 750 Vehicles Donated to Military Families
For the eighth consecutive year, Progressive Insurance will continue its annual Keys to Progress vehicle donation on November 5. In advance of Veterans Day, 45 veterans in need across the country and their families will receive the keys to vehicles that will provide reliable transportation, helping them get back on the road and move forward […]
Progressive Reports Personal Auto Policies in Force Up 11% in May Compared to 2019
Net income up 95% for the month compared to last year for the second month in a row. The Progressive Corporation (NYSE:PGR) reported that its total personal auto policies in force in May were 15,771,100, up 11 percent from 14,199,900 in May 2019. Agency channel auto policies in force totaled 7,336,700, up 9 percent from […]