Progressive News


  Safe, Low-Mileage Drivers Can Save More, Faster with Snapshot Discount SM from Progressive
Sep 28, 2010
More than 100,000 MyRate customers countrywide get personalized car insurance rates by sharing how, how much, and when they drive with Progressive. Now, with Snapshot Discount SM -- the new version of MyRate® -- Connecticut drivers can save up to 30 percent more on their insurance after just 30 days of driving. In addition, customers only need to share six months of driving data. How it Works After a driver signs up for Snapshot Discount, we send them a device the size of a garage door open...


  Progressive Car Insurance to Hire 260 People in Cleveland by End of January
Sep 28, 2010
Smart, outgoing people looking for flexible schedules, competitive pay and job perks like an on-site fitness center may want to consider joining Progressive car insurance, named one of Northeast Ohio's best places to work by Top Workplaces 2010 and NorthCoast 99. Progressive, the fourth largest auto insurance group in the country, plans to fill approximately 260 new positions in sales, service, and claims at its Cleveland and Mentor contact centers by January 31, 2011. Progressive car insuranc...


  Progressive Car Insurance to Hire 175 People in Austin by End of January
Sep 28, 2010
Smart, outgoing people looking for flexible schedules, competitive pay and job perks like an on-site fitness center may want to consider joining Progressive car insurance, named one of the best places to work in Central Texas by the Austin Business Journal. Progressive, the fourth largest auto insurance group in the country, plans to fill approximately 175 new positions in sales, service, and claims at its Austin contact center by January 31, 2011. Progressive car insurance is hiring customer ...


  Progressive Car Insurance to Hire 240 People in Tampa by End of January
Sep 28, 2010
Smart, outgoing people looking for flexible schedules, competitive pay and job perks like an on-site fitness center may want to consider joining Progressive car insurance, named one of the best places to work in Tampa Bay by Top Workplaces 2010. Progressive, the fourth largest auto insurance group in the country, plans to fill approximately 240 new positions in sales, service, and claims by January 31, 2011. Progressive car insurance is hiring customer service and sales representatives to work...


  Progressive Car Insurance Named One of the 50 Best Places to Work in the U.S. for Latinas
Aug 30, 2010
LATINA Style magazine has named Progressive car insurance to the LATINA Style 50, the magazine's annual list of the best companies for Latinas to work for in the U.S. LATINA Style evaluates more than 800 companies in the Fortune 1000 based on their leadership programs, employee benefits and Latina representation in senior positions. Progressive earned a spot on the list in part because of its Hispanic/Latino employee resource group, which meets regularly to promote an inclusive workplace, and ...


  Fitch Affirms Progressive's IDR at 'A+'; Outlook Stable
Aug 13, 2010
Fitch Ratings has affirmed the Progressive Corporation's (NYSE: PGR) ratings as follows: --Issuer Default Rating (IDR) at 'A+'; --Senior debt ratings at 'A'; --Junior subordinated debt 'BBB+'. Fitch has also affirmed Progressive's operating subsidiaries Insurer Financial Strength (IFS) rating of 'AA'. A complete list of affected ratings follows the end of the release. The Rating Outlook is Stable for all ratings. Fitch's ratings are based on PGR's excellent operating performance, prici...


  Safe, Low-Mileage Drivers Can Save More, Faster with Snapshot DiscountSM from Progressive
Aug 9, 2010
More than 100,000 MyRate® customers countrywide get personalized car insurance rates by sharing how, how much, and when they drive with Progressive. Now, with Snapshot Discount SM -- the new version of MyRate -- Colorado drivers can save up to 30 percent more on their insurance after just 30 days of driving. In addition, customers only need to share six months of driving data. How it Works After a driver signs up for Snapshot Discount, we send them a device that fits in the palm of his or h...


  Safe, Low-Mileage Drivers Can Save More, Faster with Snapshot Discount from Progressive
Aug 2, 2010
More than 100,000 MyRate customers countrywide get personalized car insurance rates by sharing how, how much, and when they drive with Progressive. Now, with Snapshot Discount SM -- the new version of MyRate® -- Ohio drivers can save up to 30 percent more on their insurance after just 30 days of driving. In addition, customers only need to share six months of driving data. How it Works After a driver signs up for Snapshot Discount, we send them a device the size of a garage door opener that...


  The Progressive Corporation Announces Final Results of Debt Tender Offer
Jul 9, 2010
The Progressive Corporation ("Progressive" or the "Company") today announced the final results of its offer to purchase for cash (the "Tender Offer") up to $350 million in aggregate principal amount of its 6.70% Fixed-to-Floating Rate Junior Subordinated Debentures due 2067 (the "Debentures") that was commenced on June 10, 2010 pursuant to the terms and conditions of the Tender Offer set forth in the Company's Offer to Purchase dated June 10, 2010 and the related Letter of Transmittal. Progressi...


  The Progressive Corporation Announces Results of Consent Solicitation and Early Results for Debt Tender Offer
Jun 24, 2010
The Progressive Corporation (NYSE:PGR) ("Progressive" or the "Company") today announced the results of its solicitation of consents (the "Consent Solicitation") from holders of its 6.25% Senior Notes due 2032 (the "Notes") to terminate the Replacement Capital Covenant (the "RCC") relating to the Notes, which was commenced on June 10, 2010. The termination of the RCC requires the consent of the holders of a majority in principal amount of the Notes and is a condition to the completion of the Tend...


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