Progressive (NYSE: PGR)
Progressive Return vs. S&P
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Progressive Company Info
Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The Property segment covers residential property insurance for homeowners, other property owners, and renters. The company was founded on March 10, 1937, and is headquartered in Mayfield Village, OH.
News & Analysis
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This Stock Turned $1,000 Into $8.7 Million -- and It's Still a Buy Today
This shows the power of compounding when you invest in a high-quality company for the long haul.
Could This Be The Mystery Stock Billionaire Warren Buffett Has Been Adding to Berkshire Hathaway's Portfolio?
The conglomerate is quietly accumulating a billion-dollar stake in a mystery company. Could it be this longtime competitor?
Valuation
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