"The U.S. Treasury is considering buying a stake in certain insurance
companies as part of the federal bailout, The Wall Street Journal
reported Friday on its Web site, citing people familiar with the
matter. Under the Treasury's program, participating insurers would
need to have a financial institution holding company that is
regulated
at the federal level, according to the Journal."

What do you all think ?

Progressive Corp. (PGR) opened at 18.51. So far today, the stock has
hit a low of 18.50 and a high of 18.85. PGR is now trading at 18.74,
up 0.11 (0.59%). The stock hit its 52 week high of 25.16 in June and
set its 52 week low of 18.45 in October. The stock has traded lower
for the past five months. A quick look over insider trading shows that
over the past three months insiders have been picking up over $831
thousand shares in the company, with no selling or buying activity for
the past month, indicating they feel the stock will move higher.
Technical indicators for the stock are bearish but slightly improving
while S&P gives PGR a neutral 3 STARS (out of 5) hold rating. We will
just watch this one for now. There are no hedged trades we like for
PGR.

RHF - Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1
for our free report titled, The 18 Ways To Know When It's Time To Dump
A Stock

     Launch Coincides With 70th Anniversary Tree Planting; First of
Six Events Held In Cleveland Today
MAYFIELD VILLAGE, Ohio (Oct. 10, 2007)-The Progressive Group of
Insurance Companies today introduced Paperless Policies, a feature
that will allow customers who buy a policy directly from the company
or through one of the more than 30,000 independent insurance agencies
that represent it the ability to drastically reduce the amount of
policy-related paper documents they receive. Having policy documents
delivered electronically saves trees, expedites delivery of the
documents and reduces the opportunity for misplaced documents.

This new initiative is an extension of a Paperless Billing feature
introduced in early 2007 that allowed customers to opt for an
electronic bill versus a hard copy bill delivered by the U.S. Mail.

The Paperless Policy launch coincides with the company's "70 Years, 70
Trees" anniversary events being held in six call center cities. The
first event, in which 70 large trees are being planted in city parks
to celebrate the company's 70th year serving U.S. drivers' car
insurance needs, is being held today in Luke Easter Park in the
company's headquarter city, Cleveland.

The Paperless Policy is available in Indiana starting today. New and
existing customers, regardless of how they bought their Progressive
policy, can sign up at www.progressive.com/paperless or through their
local independent insurance agent. The feature will be introduced in
all states where the company does business by the end of 2007.

About Progressive
The Progressive Group of Insurance Companies, in business since 1937,
is the country's third largest auto insurance group and largest seller
of motorcycle and personal watercraft policies based on premiums
written, and is a market leader in commercial auto insurance.

Progressive is committed to becoming consumers' #1 choice for auto
insurance by providing competitive products and rates that meet
drivers' needs throughout their lifetimes, superior online and in-
person customer service, and best-in-class, 24-hour claims service,
including its concierge level of claims service available at service
centers located in major metropolitan areas throughout the United
States.

Progressive companies offer consumers choices in how to shop for, buy
and manage their auto insurance policies. Progressive offers its
products, including personal and commercial auto, motorcycle, boat and
recreational vehicle insurance, through more than 30,000 independent
insurance agencies throughout the U.S. and online and by phone
directly from the Company. Private passenger auto products and prices
are different when purchased directly from Progressive or through
independent agencies. To find an agent or to get a quote, go to
www.progressive.com.

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

Contact: Judi Kovach, Progressive Casualty, (800) 274-5222

MAYFIELD VILLAGE, Ohio (October 8, 2007) - Progressive Casualty
Insurance Company has added a new coverage option to its American
Bankers Association (ABA)-sponsored Financial Institution Program. A-
Side Plus expands the Directors and Officers (D&O) policy by providing
a separate, dedicated limit of liability to protect bank directors
when they cannot be indemnified by the bank. In addition, coverage is
not rescindable for any reason and extends to suits typically excluded
in D&O policies, such as those brought by whistleblowers or those
alleging illegal profit.

"Agents appreciate that the product is designed to meet a bank's
specific needs, without adding unnecessary complexity and expense,"
said John Wells, director of Progressive's Professional Liability
Group. "In addition to the dedicated limit, the non-rescindable aspect
of the coverage is key for ensuring that directors' personal assets
are protected."

Progressive's Financial Institution Program, which is sold by
independent agents countrywide, is endorsed by 27 state bankers
associations and offers community banks D&O, Internet Banking, Privacy
and Employment Practices Liability coverages, as well as Financial
Institution Bond and other related insurance products.

For more information about Progressive's Financial Institution
Program, call Judi Kovach at (800) 274-5222 or visit www.banks.progressive.com.

Progressive Casualty Insurance Company has earned an "A+" (Superior)
rating from the A.M. Best Company. An A+ Best rating reflects the
strength of a company's balance sheet, operating performance and
business profile.

The Progressive Group of Insurance Companies has been named to the
2007 InformationWeek 500 - a top 500 ranking of the nation's largest
and most innovative users of information technology - for the eighth
consecutive year. Progressive jumped more than 160 spots to place 36th
on this year's list.

"The InformationWeek 500 is made up of the best and brightest users of
IT, and we're delighted to receive this honor for the eighth
consecutive year," said Ray Voelker, chief information officer,
Progressive. "The backbone of our IT organization rests on two things:
our people and our constant drive to innovate. This ranking is a
testament to the hard work and dedication of our organization."

"These companies represent today's leading technology innovators,"
said John Siefert, InformationWeek vice president and publisher. "This
group has prompted fascinating discussion on some of the most forward
looking business technology initiatives to date."

Progressive is always looking for innovative ways to re-invent the
customer experience to make it easy for people to shop for and buy
insurance. It was the first major car insurer in the world to
introduce a Web site (1995), first to sell auto policies real-time
online (1997) and first to give its customers online access and
control of their policies via a customer service site (1998). In 2006,
Progressive launched an interactive online claims reporting tool that
allows customers to report a claim and track its status from start to
finish.

About Progressive

The Progressive Group of Insurance Companies, in business since 1937,
is the country's third largest auto insurance group and largest seller
of motorcycle and personal watercraft policies based on premiums
written, and is a market leader in commercial auto insurance.

Progressive is committed to becoming consumers' #1 choice for auto
insurance by providing competitive products and rates that meet
drivers' needs throughout their lifetimes, superior online and in-
person customer service, and best-in-class, 24-hour claims service,
including its concierge level of claims service available at service
centers located in major metropolitan areas throughout the United
States.

Progressive companies offer consumers choices in how to shop for, buy
and manage their auto insurance policies. Progressive offers its
products, including personal and commercial auto, motorcycle, boat and
recreational vehicle insurance, through more than 30,000 independent
insurance agencies throughout the U.S. and online and by phone
directly from the Company. Private passenger auto products and prices
are different when purchased directly from Progressive or through
independent agencies. To find an agent or to get a quote, go to
www.progressive.com.

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

SOURCE: Progressive Corporation

The Progressive Corporation Leah Knapp, Progressive PR, 440-395-9928