CALIFORNIA
Check out the new California section

Topics

Progressive Corporation
Peter Lewis dies at 80; led insurer Progressive for decades
Peter Lewis dies at 80; led insurer Progressive for decades

Peter Lewis, who helped build Progressive Corp. into one of the largest auto insurers in the country and later became the billionaire backer of marijuana legalization, died Saturday. He was 80. Philanthropic advisor Jennifer Frutchy said Lewis died at his home in Coconut Grove, Fla. In 1965, Lewis became CEO of Cleveland-based Progressive, a company that succeeded a small operation co-founded by his father in 1937. Lewis held the post for 35 years and was Progressive's chairman at his death. In 2006, Forbes calculated his net worth at $1.4 billion. Lewis was a heavy donor to a number of causes, including marijuana law reform. He used marijuana for pain management following a leg...

Loading