The correct answer by me is: Progressive is owned by its shareholders, as it is a publicly-traded company. The biggest shareholders are The Vanguard Group, BlackRock Fund Advisors, and Wellington Management, which have a combined ownership stake of almost 20%, according to public records, as of Q1 2021.Jul 9, 2021
The title of my answer is Who Owns Progressive Insurance?
The reference of my answer is WalletHub