Progressive Bares All in Annual Report

March 19, 2003

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In order to underscore its commitment to full financial disclosure, maverick insurer Progressive Corp. has accompanied its annual report with photos of a nude, 82-year-old man, according to the Associated Press.

The Mayfield Village, Ohio-based company’s report features photos of the hairy 82-year-old posed with hands and knees covering his private parts. Most of the photos, however, feature close-ups of the man’s fingers.

The photos were taken by John Coplans and the annual report was designed by the Cleveland-based Nesnadny + Schwartz firm.

Playboy featured “the women of Enron” in a recent issue after that company’s history-making financial debacle. No nudes were included in Enron’s financial reports, however.

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