Progressive Corporation (PGR)

Add a New Bears Reason Company: Progressive Corporation (PGR) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 3 votes   Potential legislation barring the use of client credit scores Top Contributor: Jay | Created when NYSE:PGR was $23.25 | Edit | History If states enact legislation barring the use of client credit scores in underwriting, Progressive will lose its principal competitive advantage. (100 character max) Cancel 0% agree 4 votes   Abnormally high profits could be nothing more than good luck Top Contributor: Jay | Created when NYSE:PGR was $23.25 | Edit | History The auto insurance industry has recently experienced abnormally high profits that could be due to nothing more than good luck. These profits will attract newcomers to the industry, forcing Progressive and others into a price war and cut into profit margins. (100 character max) Cancel 0% agree 4 votes   Price war Top Contributor: Vikram Parsani | Created when NYSE:PGR was $14.28 | Edit | History l (100 character max) Cancel

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