Protective Insurance Corp. News

The Progressive Corp. is acquiring Indiana-based trucking industry insurer Protective Insurance Corp. in a move that will increase its stake in the commercial lines insurance market. Progressive has agreed to pay $23.30 per share in cash, for a total transaction …

Carmel, Indiana-based Protective Insurance Corp., a specialty property/casualty holding company in the transportation and workers’ compensation insurance industries, has appointed John Barnett as its new chief financial officer, effective Sept. 30, 2019, and Bahr Omidfar as chief information officer, effective …