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The Progressive Corporation is an American insurance company. Progressive is currently the #2 auto insurer in the United States behind State Farm. [2] The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield, Ohio. [3]
The Ohio Farm Bureau decided to set up its own insurance company to offer rates that accurately reflected the driving habits of farmers. [6] On April 10, 1926, the Farm Bureau Mutual Automobile Insurance Company obtained a license to do business in Ohio, and two days later, it acquired its financing—a $10,000 loan drawn from the membership ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Progressive Field is a baseball stadium in the downtown area of Cleveland, Ohio. It is the ballpark of the Cleveland Guardians of Major League Baseball and, together with Rocket Arena, is part of the Gateway Sports and Entertainment Complex. [9] It was ranked as MLB's best ballpark in a 2008 Sports Illustrated fan opinion poll. [10]
Ohio's insurance employment is expected to grow continuously at a rate of 9.8%. [95] Ohio is home to the 3rd most claim examiners in the United States, out of all 50 states. Five Fortune 500 companies are Ohio-based insurance companies. [95] These companies are: Nationwide Insurance, in Columbus; Progressive Corporation, in Mayfield
In addition, more than 150 international companies have a presence there. As of 2006, Northeast Ohio serves as the corporate headquarters of 22 Fortune 1000 firms (shown with 2017 rankings below): (#86) Progressive Insurance (Mayfield Village, insurance) (#180) Sherwin-Williams (Cleveland, paint)
First Financial Bank (Nasdaq: FFBC), a regional bank headquartered in Cincinnati; has client servicing operations in the Tri-County, northern Cincinnati metropolitan area; founded in 1863, it has the eighth oldest national bank charter and has locations in Southwest Ohio, Northern Kentucky, and throughout Indiana; acquired Irwin Financial Corp ...
Lewis was raised in a Jewish [1] [2] family in Cleveland Heights, Ohio, [3] the oldest of four children born to Helen and Joseph Lewis. [3] [4] His father — who had co-founded a small auto insurance company named Progressive Insurance with Jack Green in 1937 [5] — was grooming Lewis to work at the company when he died at age 48 while Lewis was a junior [4] at Cleveland Heights High School. [3]