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Progressive’s Ninth Annual Keys to Progress Giveaway Marks 800 Vehicles Donated to Military Families Since 2013

November 5, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Donations, Enterprise Rent-A-Car, IAA, Pep Boys, Progressive Insurance

Progressive to Hire 6400 New Employees to Support Growth

July 7, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Progressive Insurance, Workforce Development

Progressive Completes Acquisition of Commercial Insurer Protective Insurance

June 3, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Heavy Duty Trucks, Progressive Insurance

Progressive Acquires Commercial Auto Insurer Protective Insurance

February 16, 2021 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Commercial Auto Insurance, Progressive Insurance

Progressive’s Eighth Annual Keys to Progress Giveaway Marks 750 Vehicles Donated to Military Families

October 30, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Enterprise Rent-A-Car, Insurance Auto Auctions, Progressive Insurance, Recycled Rides

Progressive Reports Personal Auto Policies in Force Up 11% in May Compared to 2019

June 22, 2020 By CollisionWeek Editor

Progressive May 2020 Policies in Force

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 […]

Filed Under: News Tagged With: Earnings, Progressive Insurance

Progressive Reports Personal Auto Policies in Force Up 10% in April Compared to 2019

May 21, 2020 By CollisionWeek Editor

Progressive April 2020 Policies in Force

Net income up 95% for the month compared to last year. The Progressive Corporation (NYSE:PGR) reported yesterday that its total personal auto policies in force in April were 15,506,300, up 10 percent from 14,115,000 in April 2019. Agency channel auto policies in force totaled 7,237,100, up 8 percent from 6,687,200 last year. Direct channel personal […]

Filed Under: News Tagged With: Auto Insurance, Earnings, Progressive Insurance

Progressive Insurance to Provide Collision Repair Network Shops Over $2 Million in Relief Funding

April 16, 2020 By CollisionWeek Editor

Given coronavirus slowdown, insurer will provide funds to its repair network shops to use as they see fit. Progressive Insurance announced today that given the hardships and uncertainty the country has faced due to COVID-19, it will be providing more than $2 million to over 2000 collision repair network shops. According to a statement provided […]

Filed Under: News Tagged With: Coronavirus, Progressive Insurance

Progressive Plans to Hire 8,000 New Employees in 2020

February 25, 2020 By CollisionWeek Editor

Progressive intends to hire up to 8,000 new employees in 2020, marking another year of stability and growth for the insurance company. With an increase in customers and total revenues topping $39 billion, the company needs more employees to support continued growth in auto, property, commercial lines and recreational products insurance at more than 250 […]

Filed Under: News Tagged With: Progressive Insurance

Progressive’s Keys to Progress Event Provides Vehicles to More than 100 Military Families

November 1, 2019 By CollisionWeek Editor

Partnership with National Auto Body Council’s member collision repair shops and Recycled Rides program to honor veterans at more than 60 events across the U.S. on November 7 Just before Veterans Day, more than 100 veterans and their families will get keys to newly refurbished vehicles as part of Progressive’s seventh annual Keys to Progress […]

Filed Under: News Tagged With: Copart, Enterprise Rent-A-Car, Insurance Auto Auctions, National Auto Body Council, Pep Boys, Progressive Insurance, Recycled Rides, Veterans

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