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Progressive (STU:PGV) Cash, Cash Equivalents, Marketable Securities


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Progressive (STU:PGV) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Progressive Corp (STU:PGV) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
Address
6300 Wilson Mills Road, Mayfield Village, OH, USA, 44143
Progressive underwrites private and commercial auto insurance and specialty lines; it has about 18 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the U.S. and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.