The Progressive Corp (PGR)

NoIDAtAll (< 20) Submitted: 6/30/08 5:32 AM : Start Price: $19.34 PGR Score: 8.35

Firstly, I think people are driving less with significantly higher gasoline prices - Fewer miles driven driven should result in fewer accidents.

Other significant auto insurers, notably AIG (under some recent new management), are adopting considerably restrictive underwriting rules, raising premiums and cutting some premium payment plans - should make it easier for Progressive to compete for business.

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