...The Progressive Corporation (Progressive) is an Ohio-based, publicly traded holding company that owns a host of insurance and non-insurance subsidiaries and affiliates throughout the United States. The company provides auto insurance, residential property insurance, and other specialty property-casualty insurance through independent agents and direct distribution channels. According to SNL Financial LC, Progressive is the third-largest US personal auto insurer, with a 2017 market share of 9.9%, and the largest US commercial auto insurer, with a 2017 market share of 8.9%. The company's revenues are geographically diversified, with business operations in 50 US states and the District of Columbia, enabling the company to leverage differences in competitive conditions in the auto insurance market. In 2017, Progressive reported total revenue of $26.8 billion and net income of $1.6 billion. As of 31 December 2017, the company reported total assets of $38.7 billion and shareholders' equity of...