{"schema_version":"secwatch.filing_event.v1","accession":"0000080661-23-000031","form_type":"8-K","ticker":"PGR","cik":"0000080661","company_name":"PROGRESSIVE CORP/OH/","filed_at":"2023-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.312818+00:00","generated_at":"2026-06-14T01:40:48.957070+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Progressive May net income $108M, EPS $0.18; combined ratio 99.0; issues $500M notes","bullets":["Net premiums written $4.32B (+16% YoY); net income $108.2M (+17% YoY); diluted EPS $0.18.","Combined ratio 99.0 vs 96.5 last year; unfavorable prior-year reserve development of 4.6 points, mainly in FL auto.","Total policies in force 29.5M (+11% YoY); personal auto policies up 14% to 19.7M.","Issued $500M 4.95% Senior Notes due 2033; net proceeds $496.3M.","YTD net income $752.4M (+262% YoY); YTD combined ratio 98.7."],"urls":{"canonical":"https://secwatch.observer/filing/0000080661-23-000031","json":"https://secwatch.observer/filing/0000080661-23-000031.json","markdown":"https://secwatch.observer/filing/0000080661-23-000031.md","text":"https://secwatch.observer/filing/0000080661-23-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80661/000008066123000031/0000080661-23-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80661/000008066123000031/pgr-20230614.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T01:40:48.957070+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}