---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-23-000045"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T16:58:00.651873+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Progressive August 2023: Net premiums written up 16% to $4.74B; combined ratio worsens to 97.2

## Summary
- Net premiums written $4.74B (+16% YoY); net premiums earned $4.60B (+20%).
- Combined ratio 97.2, up 3.6 pts from 93.6, driven by catastrophe losses including Hurricane Idalia.
- Net income $147.6M ($0.25 diluted EPS), up 23% from $119.7M; YTD net income $1.55B, +167%.
- Companywide policies in force 29.57M, up 11% YoY; personal auto policies up 13%.
- YTD combined ratio 98.1; book value per share $28.93; trailing ROE 10.4%.

## SEC filing metadata
- accession: 0000080661-23-000045
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000008066123000045/0000080661-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066123000045/pgr-20230915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-23-000045
- JSON: https://secwatch.observer/filing/0000080661-23-000045.json
- Plain text: https://secwatch.observer/filing/0000080661-23-000045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.