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Gov. John Kasich...
Insurance Industry Leaders to Make New Investments in Ohio
Progressive Insurance and Allstate Insurance to Retain Thousands of Jobs in Northeast Ohio February 1, 2012 

COLUMBUS – Gov. John R. Kasich today announced that two giants in the insurance industry – The Progressive Group of Insurance Companies and Allstate Insurance Company – will invest $35 million and $20 million, respectively, to strengthen their already large presence in Northeast Ohio.  Ohio is the eighth largest insurance state by premium volume, and the insurance industry is one of the state’s largest employers.  

“The insurance industry employs thousands of Ohioans, and it’s great to see companies like Allstate and Progressive reinvesting in our state and our workers,” said Gov. John R. Kasich.  “We’re focused on continually improving Ohio’s business environment so companies like these know this is a place where they should stay and grow.” 

On Monday, the Ohio Tax Credit Authority approved tax credits to assist with the companies’ job retention.  With the help of JobsOhio and the state, Progressive has committed to retain 1,500 jobs in Cuyahoga and Lake Counties, while Allstate has committed to retain 1,200 positions in Hudson (Summit County).  

A total of 17 projects were approved during Monday’s Tax Credit Authority meeting.  Pending finalization from the companies, these projects would account for 1,072 new jobs, 7,858 retained jobs, $468 million in total payroll and $219 million in new capital investment.


The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer known for its “You’re In Good Hands With Allstate®” slogan. Now celebrating its 80th anniversary as an insurer, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via and 1-800 Allstate®.


The Progressive Group of Insurance Companies makes it easy to understand, buy, and use auto insurance. Progressive offers choices so consumers can reach them whenever, wherever, and however it’s most convenient for them—online at, by phone at 1-800-PROGRESSIVE, or in-person with a local agent. 

Progressive offers insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes. It’s the fourth largest auto insurer in the country, the largest seller of motorcycle insurance, and a leader in commercial auto insurance. Progressive also offers car insurance online in Australia at

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, the Snapshot Discount®, and a concierge level of claims service. 

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE:PGR.

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