analyst-report:-progressive-corp/the

Analyst Report: Progressive Corp/The

Business

Argus

Apr 16, 2026

The Progressive Corporation: Rate increases leveling off

Sector(s)

Financial Services

Summary

Progressive Corp., based in Mayfield Village, Ohio, is a leading property & casualty insurance company. The company sells insurance through independent agencies and its own direct-

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Analyst Profile

Kevin Heal

Chief Compliance Officer & Senior Analyst: Financial Services

Kevin is the Chief Compliance Officer for the Argus Research Group. His responsibilities include ensuring that the firm is SEC compliant and adheres to all rules and regulations. He has over thirty years of Wall Street experience with both large investment banks and regional dealers most recently with a hedge fund Sandler Capital Management. He will also provide research coverage for select financial institutions under coverage at Argus Research Company. Kevin graduated from Northwestern University with a B.A. in Economics and maintains the Series 65 registration.