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PROGRESSIVE CORPORATION (NYSE:PGR);

Three analysts and top management from five sector firms examine the Life Insurance sector in this special 43-page issue from The Wall Street Transcript, available at (212/952-7433) or http://www.twst.com/info/info411.htm

“I would say Progressive did a remarkably good job,” agrees a second analyst. “They turned around their earnings a lot quicker than we would have expected. Also, Progressive reaccelerated their growth rate. Progressive has always had a good management team, but in the past year they distinguished themselves.”

“One good company is Progressive Corp,” offers a third industry observer. “Progressive had gotten into troubles with mispricing their private passenger auto coverage. In the last two years, Progressive has made a remarkable recovery. Renwick has righted the ship, corrected claims processing and Progressive now seems poised to show some extraordinarily good numbers going forward. I give Progressive credit.”

This special conference issue includes:

1) Life Insurance - In an in-depth (12,600 words) Analyst Roundtable, Alfred M. Capra, Managing Director at Putnam Lovell Securities Inc., Colin Devine, Managing Director at Salomon Smith Barney Inc. and Michelle A. Giordano, Vice President at J.P. Morgan Chase, examine the outlook for the sector including, reinsurance, Estate planning changes and share specific stock recommendations.

2) The TWST confidential Off-The-Record survey of management performance at twenty sector firms asked market insiders about the ability of management teams to create shareholder value.

3) CEO and Sponsored interviews (average 2,500 words). Top management of five sector firms examine the outlook for their firm and the sector.