Thursday, May 13, 2010

Progressive

Progressive is the third-largest auto insurance group in America. Joseph Lewis and Jack Green started Progressive Mutual Insurance Company in Cleveland, Ohio in March 1937. Progressive was the first auto insurer to offer drive-in claims and accept installment payments for insurance. Between 1996 and 2005, Progressive grew an average of 17 percent a year, from $3.4 billion to $14 billion.
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