---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-24-000042"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T15:05:02.601479+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Progressive reports Q3 net income $2.33B, up 108% YoY; combined ratio 89.0

## Summary
- Net premiums written for Q3 $19.46B (+25% YoY); net premiums earned $18.30B (+23%).
- Combined ratio improved to 89.0 from 92.4; expense ratio 19.4, loss/LAE ratio 69.7.
- Total Companywide policies in force 33.87M, up 14% YoY; Personal auto policies up 17%.
- Incurred $563M catastrophe losses from Hurricane Helene in September; estimate up to $525M for Hurricane Milton.
- Board reduced from 12 to 11 members effective Oct 11; HQ moved to 300 North Commons Blvd, Mayfield Village.

## SEC filing metadata
- accession: 0000080661-24-000042
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000008066124000042/0000080661-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066124000042/pgr-20240925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-24-000042
- JSON: https://secwatch.observer/filing/0000080661-24-000042.json
- Plain text: https://secwatch.observer/filing/0000080661-24-000042.txt

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