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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 16, 1996
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THE PROGRESSIVE CORPORATION
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(Exact name of registrant as specified in its charter)
Ohio 1-9518 34-0963169
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) No.)
6300 Wilson Mills Road, Mayfield Village, Ohio 44143
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 216-461-5000
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
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By action taken by its Board of Directors on April 16, 1996, The Progressive
Corporation has called for redemption, on May 31, 1996, all of its outstanding
9 3/8% Serial Preferred Shares, Series A (Cumulative, Liquidation Preference
$25.00 per share). The redemption will be made at the redemption price of
$25.00 per share, plus accrued and unpaid dividends thereon to the date fixed
for redemption. National City Bank of Cleveland, Ohio has been selected as the
redemption agent.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
Dated: April 16, 1996
THE PROGRESSIVE CORPORATION
By: /s/ David M. Schneider
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Name: David M. Schneider
Title: Secretary
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