Latest Progressive Headlines
All the headlines from our Progressive Topic Page, ordered by recency.
Progressive Insurance Hurt by Rise in Auto Claims, Low Premiums in Q2
Aug 6 2021 // Progressive Corp. reported a 56% decrease in net income to $790.1 million for the second quarter. Net income was down 9% for the first six months. The company said the largest contributor to the year-over-year decreases...
Progressive Insurance Plans to Hire 6,400 New Employees By Year’s End
Jul 7 2021 // Progressive Insurance is embarking on a hiring spree. The insurer said it intends to hire up to 6,400 new employees across the country during the remainder of 2021. The Mayfield Village, Ohio-headquartered company with $42...
Progressive Insurance Marketing Chief Charney to Retire in 2022
Mar 10 2021 // Progressive Insurance reported that Jeff Charney will retire as chief marketing officer, a position he has held since 2010. Charney’s expected retirement date is January 2022. The company said the early announcement...
North Carolina Woman Accused of Defrauding Progressive Insurance
Feb 19 2018 // A North Carolina woman was arrested and charged with solicitation to obtain property by false pretenses, according to a statement from North Carolina Insurance Commissioner Mike Causey. Heaven Symone Lassiter, 23, of...
North Carolina Woman Accused of Defrauding Progressive Insurance
Jan 29 2018 // A North Carolina woman has been arrested and charged with solicitation to obtain property by false pretenses, according to a statement from North Carolina Insurance Commissioner Mike Causey. Heaven Symone Lassiter, 23, of...
Progressive Insurance Snags Texas Uber Drivers Account
Mar 31 2016 // Uber Technologies Inc. will use Progressive Insurance to provide coverage for drivers in Texas beginning on Friday, in a pilot that could lead the ride-hailing market leader to diversify its U.S. insurance purchasing from...
Progressive Insurance CEO on 5 Macro Trends of Note
Aug 19 2015 // By his own admission Progressive Insurance CEO Glenn Renwick (and his company) may not be right about the impact certain macro trends will have on the insurance industry, but in his view “it’s important to have...
Progressive Insurance Acquiring Homeowners Group ASI for $875M
Dec 16 2014 // Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and...
Progressive Insurance Profit Down as Investment Gains Narrow
Jul 11 2014 // Progressive Corp., the fourth- largest U.S. car insurer, said second-quarter profit fell 9.6 percent as investment gains narrowed. Net income dropped to $293.4 million, or 49 cents a share, from $324.6 million, or 54...
Progressive Insurance Chairman, Former CEO, Philanthropist Lewis Dies
Nov 24 2013 // Progressive Corp. Chairman Peter B. Lewis, the billionaire who turned a company founded by his father into one of the largest U.S. auto insurers, has died. He was 80. Lewis died Saturday at his home in Coconut Grove,...
Progressive Insurance Signs On As Sponsor for Gator Bowl
Dec 16 2010 // Progressive insurance company has signed a one-year deal to be the title sponsor of the Gator Bowl. The deal includes an option for three more years. The Gator Bowl, which will feature Mississippi State against Michigan on...
3 Win Progressive Insurance X-Prize for Fuel Efficient Vehicles
Sep 17 2010 // An ultralight, gas-powered car that can get 102 miles per gallon is among the winners of the $10 million Automotive X Prize, a contest to develop highly efficient, production-ready vehicles. While it’s not likely to...
Progressive Insurance X-Car Race Coming Down to Finish Line
Jul 6 2010 // The team led by Charlottesville, Va. real estate developer Oliver Kuttner is the only one left in the running for the multimillion-dollar X Prize competition to build a four-seat car that can achieve 100 miles per...
Progressive Insurance Selects Michigan to Host $10M X-Prize Car Contest
Jan 13 2010 // The Progressive Insurance Automotive X PRIZE has chosen the state of Michigan to host a multi-stage competition that aims to pit some of the world’s most fuel efficient vehicles against one another in a quest to win...
Progressive Insurance Names Barone to Head Agency Distribution Business
Aug 13 2009 // Progressive Insurance has named Karen Barone as National Distribution Leader for its Agency Business. Barone’s new responsibilities include maintaining and advancing Progressive’s leadership role in agent...
Weather Claims Hurt Progressive Insurance 2d Quarter
Jul 10 2008 // Auto insurer Progressive Corp. reported Thursday a drop in second-quarter net income as it absorbed higher claims from natural catastrophes and wrote off $40.8 million in investments. Progressive’s combined ratio,...
UPS Brand Exec Bloomenkranz to Head Progressive Insurance Marketing
Mar 27 2008 // The Progressive Corp. has named Larry Bloomenkranz as chief marketing officer effective April 28, 2008. Bloomenkranz joins Progressive from United Parcel Service (UPS), the package delivery service, where he has been since...
Progressive Insurance Sponsors $10M X-Prize for Fuel Efficient Vehicle
Mar 21 2008 // The X Prize Foundation, best known for its competitions promoting space flights, is offering $10 million (euro6.37 million) to the teams that can produce the most production-ready vehicles that get 100 miles per gallon or...
Ohio Grants Job Tax Credit to Progressive Insurance for Expansion
Apr 26 2006 // Ohio Governor Bob Taft announced that the Ohio Tax Credit Authority has approved job creation tax credits for 10 companies involved in business location or expansion projects that, if located in Ohio, are expected to...
NY Man Arrested for Disability Fraud
Apr 23 2002 // The NYSID announced the arrest of Joseph Patelunas, 32, of Elmira, New York, on charges of insurance fraud. He is accused of collecting no-fault benefits for a disability when in fact he was not disabled, and of falsifying...
