Progressive Announces Leadership Changes Amid Significant Profit Increase
Progressive Corp (NYSE:PGR) reported a significant increase in monthly net income, up by 36% year-over-year to $1.45 billion for the month ended May 31. The company also announced leadership changes as Personal Lines President Pat Callahan prepares to retire after nearly 24 years.
Tickers: $PGR
Topics: financial results insurance industry leadership change