PROGRESSIVE CORP

The Progressive Corporation is an insurance holding company with insurance and non-insurance subsidiaries and affiliates. Its insurance subsidiaries write personal and commercial auto insurance, personal residential property insurance, and insurance for motorcycles, watercraft, and other recreational vehicles. The company also offers business-related general liability and commercial property insurance predominantly for small businesses, workers' compensation insurance primarily for the transportation industry, and other specialty property-casualty insurance, along with related services. Progressive's non-insurance subsidiaries generally support its insurance and investment operations. The company operates throughout the United States, including the District of Columbia. The Chief Executive Officer assesses performance and makes key operating decisions for the insurance, investment, and service operations. The insurance and claims organizations are generally managed on a state-by-state basis, supplemented by national operations and supported by corporate functions. In California, Progressive operates a separate agency auto organization with its own management and customer relationship management organization.