At the Annual Meeting of Shareholders of The Progressive Corporation today, Progressive’s shareholders:
elected the following director to serve a one-year term:
Stuart B. Burgdoerfer
elected the following four directors, each to serve a three-year term:
Lawton W. Fitt
Peter B. Lewis
Patrick H. Nettles
Glenn M. Renwick
approved The Progressive Corporation 2010 Equity Incentive Plan and the performance criteria set forth therein; and
ratified the appointment of PricewaterhouseCoopers LLP as Progressive’s independent registered public accounting firm for 2010.
The Progressive Group of Insurance Companies, in business since 1937, is one of the country’s largest auto insurance groups, the largest seller of motorcycle policies, and a market leader in commercial auto insurance based on premiums written.
Progressive is committed to becoming consumers’ #1 choice for auto insurance by providing competitive rates and innovative products and services that meet drivers’ needs throughout their lifetimes, including superior online and in-person customer service, and best-in-class, 24-hour claims service, such as its concierge level of claims service available at service centers located in major metropolitan areas throughout the United States.
Progressive companies offer consumers choices in how to shop for, buy, and manage their auto insurance policies. Progressive offers its products, including personal and commercial auto, motorcycle, boat, and recreational vehicle insurance, through more than 30,000 independent insurance agencies throughout the U.S. and online and by phone directly from the Company. Personal auto products and prices are different when purchased directly from Progressive or through independent agencies. To find an agent or to get a quote, go to http://www.progressive.com. Progressive also has a branch that sells car insurance policies online in Australia at http://www.progressivedirect.com.au.
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at (NYSE:PGR).