Progressive Nixes 2008 Dividend as Year-End Loss Expected - Surety Bond Forums

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12-15-2008, 07:26 AM

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Progressive Nixes 2008 Dividend as Year-End Loss Expected

Progressive Corp., the No. 3 U.S. auto insurer, said it will not pay investors an annual dividend in 2008 because it is barred from doing so unless it meets financial targets.Progressive said ...

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