Insider Activity: Progressive (PGR) Board Member Buys $19.7k in Stock
Barbara R Snyder, a member of the board of directors at Progressive (PGR), bought 12,304 shares of the company’s common stock on Feb. 11. At $67.34 per share, Snyder paid a total of $19,691 for the new shares.
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About Progressive Corporation (The)
Progressive underwrites private and commercial auto insurance and specialty lines; it has roughly 20 million policies in force and is the fourth-largest auto insurer 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 entered homeowners insurance through an acquisition in 2015.