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The Progressive CorporationPGR
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The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States.

It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV).

This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products.

The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services.

The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance.

The company offers policy issuance and claims adjusting services; and acts as an agent to homeowners, general liability, workers' compensation insurance, and other products.

It also provides reinsurance services. The company sells its products through independent insurance agencies, as well as through mobile applications and over the phone.

The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

Latest News >
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TE Connectivity to Buy Richards Manufacturing in $2.3 Billion Deal
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07:19 AM EST, 02/12/2025 (MT Newswires) -- TE Connectivity ( TEL ) said Wednesday it has agreed to buy Richards Manufacturing from funds managed by Brookfield Asset Management's ( BAM ) Oaktree Capital Management unit and the Bier family in an all-cash deal valued at about $2.3 billion. The deal, which will be financed through cash and debt, is expected...
Generac posts better-than-expected profit on demand boost for backup generators
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Feb 12, 2025
Feb 12 (Reuters) - Power equipment maker Generac Holdings ( GNRC ) reported better-than-expected fourth-quarter profit on Wednesday, on the back of increased demand for home backup generators amid higher power outages and severe weather. Shares of the company were up 3.1% at $146.2 in premarket trading. The Waukesha, Wisconsin-based company saw a surge in demand for its portable and...
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Kraft Heinz Fiscal Q4 Adjusted Earnings Rise, Net Sales Fall; Fiscal 2025 Guidance Issued
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07:18 AM EST, 02/12/2025 (MT Newswires) -- The Kraft Heinz Co. ( KHC ) reported fiscal Q4 adjusted earnings Wednesday of $0.84 per share, up from $0.78 a year earlier. Analysts polled by FactSet expected $0.78. Net sales for the quarter ended Dec. 28 were $6.58 billion, down from $6.86 billion a year earlier. Analysts surveyed by FactSet expected $6.66...
Interpublic Group of Companies' Q4 Adjusted Earnings, Revenue Fall
Interpublic Group of Companies' Q4 Adjusted Earnings, Revenue Fall
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07:18 AM EST, 02/12/2025 (MT Newswires) -- Interpublic Group of Companies ( IPG ) reported Q4 adjusted earnings Wednesday of $1.11 per diluted share, down from $1.18 a year earlier. Analysts polled by FactSet expected $1.17. Revenue for the quarter ended Dec. 31 was $2.86 billion, down from $3.02 billion a year earlier. Analysts surveyed by FactSet expected $2.52 billion....
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