secwatch.observer — SEC 8-K summary
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Issuer:     PROGRESSIVE CORP/OH/ (PGR)
CIK:        0000080661
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0000080661-24-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Progressive reports August net income $935M, combined ratio 85.5% vs 97.2% a year ago
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- August net income $935.3M ($1.59 diluted EPS); net premiums written $6.51B, earned $5.97B.
- Combined ratio 85.5%, improving from 97.2% in August 2023; current-year loss/LAE ratio 64.5%.
- Companywide policies in force 33.4M, up 13% YoY; personal auto policies up 15%.
- Year-to-date net income $5.54B ($9.40 diluted EPS); combined ratio 88.5%.
- Calendar conversion note: monthly comparisons affected through September 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80661/000008066124000039/0000080661-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80661/000008066124000039/pgr-20240913.htm
  HTML page:      https://secwatch.observer/filing/0000080661-24-000039

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