Rocketing up 13 points on this year’s Fortune 500 list, Progressive has shown one-year and annualized three-year sales growth (at 20.2% and 11.4%, respectively) that is higher than both Apple and Microsoft. The company’s marketing has crossed over into pop culture, luring plenty of new customers. (It now has more than 20 million people covering their cars, homes, RVs, boats, and commercial vehicles.). Net premiums crossed $30 billion, after hitting $20 billion in 2015. Profits were up more than 64% at the 82-year-old company, topping $2.6 billion. And to keep up with rising demand, the company added nearly 3,700 jobs last year throughout the country, with a goal of ultimately adding 7,500.
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