secwatch.observer — SEC 8-K summary
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Issuer:     PROGRESSIVE CORP/OH/ (PGR)
CIK:        0000080661
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0000080661-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Progressive posts 87.3 combined ratio for January 2024, net income $700.7M
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- Net premiums written $5,495.7M, net premiums earned $5,386.0M.
- Diluted EPS $1.18, net income $700.7M.
- Combined ratio 87.3 vs 96.0 a year ago, improving 8.7 points.
- Total policies in force up 8% YoY to 29.95M, led by personal auto up 8%.
- Trailing 12-month net income ROE 23.9%, book value per share $35.10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80661/000008066124000004/0000080661-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80661/000008066124000004/pgr-20240214.htm
  HTML page:      https://secwatch.observer/filing/0000080661-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer