---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-23-000051"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:38:52.665563+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Progressive October net income $406M, combined ratio 91.7% (improved from 95.9%), policies +9%

## Summary
- October net income $406M ($0.68 diluted EPS); combined ratio improved to 91.7% from 95.9% YoY.
- Net premiums written $5.53B, earned $5.38B; policies in force up 9% to 29.6M.
- Total portfolio return -0.3% for month, +1.8% YTD; pretax annualized investment income yield 3.4%.
- Company changed to Gregorian calendar closing; monthly year-over-year comparisons may be affected through Sep 2024.
- YTD 2023 net income $2.32B ($3.90 diluted EPS); book value per share $29.18.

## SEC filing metadata
- accession: 0000080661-23-000051
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000008066123000051/0000080661-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066123000051/pgr-20231117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-23-000051
- JSON: https://secwatch.observer/filing/0000080661-23-000051.json
- Plain text: https://secwatch.observer/filing/0000080661-23-000051.txt

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