Progressive Bares All in Annual Report

March 19, 2003

In order to underscore its commitment to full financial disclosure, maverick insurer Progressive Corp. has accompanied its annual report with photos of a nude, 82-year-old man, according to the Associated Press.

The Mayfield Village, Ohio-based company’s report features photos of the hairy 82-year-old posed with hands and knees covering his private parts. Most of the photos, however, feature close-ups of the man’s fingers.

The photos were taken by John Coplans and the annual report was designed by the Cleveland-based Nesnadny + Schwartz firm.

Playboy featured “the women of Enron” in a recent issue after that company’s history-making financial debacle. No nudes were included in Enron’s financial reports, however.

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