Progressive Corp (PGR) company profile

The Progressive Corporation is an insurance holding company providing property and casualty insurance products and related financial services across Personal Lines and Commercial Lines segments. Its Personal Lines segment provides policies for personal automobiles, residential properties including homeowners and renters, and recreational vehicles such as motorcycles and watercraft. The Commercial Lines segment writes auto liability, physical damage, commercial property, general liability, and transportation-focused workers' compensation insurance. Progressive serves individual vehicle owners, homeowners, renters, small business owners, contractors, and freight and transportation network operators through direct digital and telephone channels, as well as independent agents and brokerages.

Progressive operates throughout the United States, with insurance subsidiaries licensed in all fifty states, the District of Columbia, Bermuda, and Canadian provinces. Domestic subsidiaries maintain domiciles across Florida, Illinois, Indiana, Louisiana, Michigan, New Jersey, New York, Ohio, Texas, and Wisconsin. Its nationwide footprint encompasses an independent network of more than 40,000 agencies, nearly 6,000 Platinum agents, about 4,700 third-party repair shops, physical claims offices, and corporate facilities. The provided text does not state a specific corporate headquarters city or address.

Summary of the business section of Progressive's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“As of December 31, 2025, we had about 70,000 employees.”