---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-24-000023"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:54:01.459377+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Progressive reports April net income $420.3M, combined ratio 89.0%, policies up 7% YoY

## Summary
- Net premiums written $6.18B; net premiums earned $5.58B for April 2024.
- Combined ratio improved to 89.0% from 97.9% in prior-year April.
- Net income $420.3M ($0.72 diluted EPS); comprehensive loss $193.2M due to unrealized losses on fixed-maturity securities.
- Total policies in force 31.35M, up 7% YoY; Personal Lines auto policies up 7%.
- April 2023 had 35 days vs 30 days in 2024; policies in force is better monthly growth measure.

## SEC filing metadata
- accession: 0000080661-24-000023
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000008066124000023/0000080661-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066124000023/pgr-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-24-000023
- JSON: https://secwatch.observer/filing/0000080661-24-000023.json
- Plain text: https://secwatch.observer/filing/0000080661-24-000023.txt

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