COVID Stimulus Watch Parent Company Summary
Parent Company Name:
Progressive
Grant Total: $0
Face Value of Loans Total: $1,052,850
Parent Company Data
Ownership Structure: publicly traded (ticker symbol PGR)
Headquartered in: Ohio
Sector: financial services
Industry: insurance
Employees (prior to pandemic): 41,571
Parent Accountability Issues Since 2010
Employment-related Penalties: $46,000
Government-contracting-related Penalties: $2,000,000
Environmental / Healthcare / Safety Penalties: $73,000
Consumer Protection / Financial / Competition-related Penalties: $17,786,673
Ratio of CEO Pay to that of Median Worker: 212 to 1
CEO Compensation: $14,041,272
Worker Median Pay: $66,285
Total Federal, State, and Local Subsidies: $34,148,214
Federal Corporate Income Tax Rate: 21.3%
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:
Grant Amount:
Face Loan Amount:$1,052,850
Contract Amount:
Award Date:Jul 10, 2020