Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.

Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.

Progressive Corp., based in Mayfield Village, Ohio, is a leading property & casualty insurance company. The company sells insurance through independent agencies and its own direct-sales website. The shares are included in the S&P 500 index.

As stock prices continue to fall, there is little in the weekly insider-sentiment data from Vickers Stock Research to suggest insiders sense opportunity. No, they are not jumping overboard -- but history tells us that when insiders sense a bottom, they are quick to act. And Vickers' data does not suggest that is yet the case. The volume of weekly insider transactions popped this week, partially as earnings season is pretty much over and most insiders are free to trade again. But even so, the jump is larger than expected, with almost 2150 transactions meeting the criteria for inclusion in Vickers' Weekly Insider Report. That's up from 1336 last week. So insiders have been active. On the numbers, Vickers' Total Eight-Week Sell/Buy Ratio is now 4.96, this on a scale where the neutral range runs from 2.00 to 6.00, and anything higher is bearish. Again, there is no sign of full-on panic. But even with the S&P 500 down about 7% over the past month and the Nasdaq down about 11% in the same time, insiders are still not 'jumping in.' That suggests there may be more pain to come for investors. On a sector basis, buying was the greatest in Energy last week, with shares valued at $32 million bought versus $12 million sold. Buying was also notable in the Materials, lagging the level of selling by a factor of just 1.3-times. On the other side of the coin, selling was the greatest in Consumer Discretionary, with shares valued at $373 million sold versus $9 million bought, as well as Healthcare, with $341 million sold versus $27 million bought. This week, analysts at Vickers highlighted insider transactions of interest at Moderna Inc. (NGS: MRNA) and Strategic Education Inc. (NGS: STRA).