Form 8-K · Current Report · Filed 2024-10-15
Progressive Corporation Reports Financial Results and Headquarters Relocation
The Progressive Corporation reported financial results for the month and year-to-date periods ended September 30, 2024, and announced a reduction in the size of its Board of Directors from 12 to 11 members, effective October 11, 2024.
- Filer
- Progressive Corporation PGR · NYSE
- Filed
- Accession
- 0000080661-24-000042
- CIK
- 0000080661
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
Details
Additionally, the company relocated its corporate headquarters from 6300 Wilson Mills Road to 300 North Commons Blvd., Mayfield Village, Ohio 44143 on September 25, 2024.
Items reported
Results of Operations and Financial Condition
Amendments to Articles of Incorporation or Bylaws
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$251.88
Next session
+1.4%
Since filing
-16.1%
Latest close
$211.42
What happened, not what will happen — closing prices around the filing date.
Exhibits (2)
About Progressive Corporation
Progressive Corporation is a major American insurance provider, renowned for its innovative approach to personal and commercial insurance products. The company primarily offers automotive insurance, but its product suite extends to home insurance, renters insurance, and business-related insurance policies. Known for its direct-to-consumer sales model, Progressive has developed a strong digital presence, leveraging online tools and user-friendly applications to facilitate streamlined quote and policy management processes. Progressive Corporation impacts sectors such as transportation, housing, and small business operations through its comprehensive coverage options, tailored to individual and commercial needs. Its competitive edge lies in technological integration and customer-centric services, including the highly popular "Name Your Price" tool which allows customers to customize their insurance packages based on affordability. Founded in 1937 and headquartered in Mayfield Village, Ohio, Progressive is a key player in the U.S. insurance market. Its significant market share, innovation in risk management, and commitment to customer service have cemented its role as a leader in providing financial protection through reliable insurance products.
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