The Progressive Corporation is a large, publicly traded insurance holding company founded in 1937. Headquartered in Mayfield, Ohio, the company is commonly known as Progressive and trades on the New York Stock Exchange under the ticker symbol PGR. As one of the largest auto insurers in the United States, Progressive reported revenues of over $75 billion and employed more than 61,000 people in recent years.
Progressive is an operating company that provides a wide range of insurance products. Its primary business is personal and commercial auto insurance. The company's offerings also include insurance for motorcycles, boats, RVs, and commercial vehicles. Through select other companies, Progressive provides property insurance for homeowners and renters, as well as life, pet, and other specialty insurance products. The company sells its policies through multiple channels, including independent agents and directly to consumers online and by phone.
Based on the provided litigation data, Progressive's patent-litigation posture is that of an operating company defending its business. The company has been named as a defendant in one tracked patent case and has not been a plaintiff. This pattern is typical of a large technology-implementing enterprise being targeted by a patent assertion entity.
The single tracked case is Disintermedation Services Inc. v. The Progressive Corporation, filed in the Ohio Northern District Court in 2022. This suit reflects the common dynamic of operating companies in the insurance and financial services sectors facing patent assertions related to their use of business method and software technologies.