PGR - Progressive - Stock Price & Dividends

The Progressive Corporation is a leading insurance holding company that provides a wide range of personal and commercial insurance products and services in the United States. The company operates through three main segments: Personal Lines, Commercial Lines, and Property.

The Personal Lines segment focuses on providing insurance coverage for personal autos, recreational vehicles, and other specialty vehicles such as motorcycles, ATVs, RVs, watercrafts, and snowmobiles. This segment also offers special lines products, including insurance for motorcycles, ATVs, RVs, and other related products.

The Commercial Lines segment offers auto-related liability and physical damage insurance, as well as business-related general liability and property insurance for small businesses, non-fleet taxis, black-car services, and airport taxis. This segment also provides insurance coverage for a variety of commercial vehicles, including tractors, trailers, dump trucks, log trucks, garbage trucks, tow trucks, and wreckers, primarily used by regional general freight, expeditor-type businesses, and long-haul operators.

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. This segment also provides insurance coverage for other types of properties, including condos, apartments, and rental properties.

In addition to its insurance products, Progressive also offers a range of services, including policy issuance, claims adjusting, and reinsurance services. The company acts as an agent for homeowners, general liability, workers' compensation insurance, and other products. Progressive sells its products through a network of independent insurance agencies, as well as through mobile applications and over the phone.

Founded in 1937, Progressive is headquartered in Mayfield Village, Ohio, and has a strong online presence, with its website available at https://www.progressive.com. With a long history of innovation and customer-centric approach, Progressive has established itself as one of the leading insurance companies in the United States.