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The Progressive Corporation is an American insurance company. In late 2022, Progressive became the largest motor insurance carrier in the U.S. [2] The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield, Ohio. [3]
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]
Merchants headquarters in Buffalo, New York. Merchants Insurance Group is a regional property and casualty insurance company headquartered in Buffalo, New York.The company provides commercial, personal property and casualty insurance throughout the Northeast and North Central United States.
An investigative report in February 2007 by CNN revealed that major car insurance companies, like Allstate, are increasingly disputing auto insurance claims from individuals injured by their insured members. [50] In 2010 Allstate commanded 18% of the auto insurance market in the United States. [51]
Until 1956, when the New York legislature passed their compulsory insurance law, Massachusetts was the only state in the U.S. that required drivers to get insurance before registration. North Carolina followed suit in 1957 and then in the 1960s and 1970s numerous other states passed similar compulsory insurance laws.
The area's largest insurance company is Progressive Insurance, an international car insurance corporation, which is based in the suburb of Mayfield. 8,379 people are employed by Progressive in the region. [3] However, Progressive's rivals, including State Farm, Allstate, Nationwide, and Geico are also prominent in Greater Cleveland.
American Strategic Insurance (ASI) was formed in 1997 and led by CEO and President, John Auer. Its initial offering was Florida homeowners insurance. [ 1 ] The company has experienced rapid growth and is now expected to offer coverage nationwide by 2017, establishing its place in the top 15 homeowners insurance providers in the United States. [ 2 ]
Regionally based insurance companies also have maintained their headquarters in Buffalo, New York. There's Merchants Insurance Group and Lawley Insurance. Merchants Insurance Group is a property and casualty insurance company that provides commercial, personal property and casualty insurance throughout the Northeast and North Central United ...