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WebMay 19, 2006 · Progressive's new dividend-payment scheme will be based on a formula that multiplies the following three factors to come up with a dividend payout: -- "Gainshare" Factor: This factor is a... WebThe amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute … WebFrom customized auto insurance to superior claims service, our people and technology will support you every step of the way. Join us today and experience why we're one of the best insurance companies. SAVINGS Over $650 * Average annual savings for drivers who switch to Progressive and save. CUSTOMERS 27 million+ glastonbury girls soccer