---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-24-000047"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-30T00:06:01.438611+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Progressive October net income $408M, combined ratio 94.1 on hurricane losses

## Summary
- Net premiums written $6.58B (+19% YoY); net premiums earned $6.39B (+19%).
- Diluted EPS $0.69 vs $0.68 a year ago; combined ratio 94.1 (up from 91.7).
- Catastrophe losses: $206.5M from Hurricanes Milton/Helene; property net catastrophe ratio 55.9 pts.
- Property business reduced Hurricane Ian reserves by $250M; net exposure remains $200M retention.
- Total policies in force 34.36M (+16% YoY); personal auto policies up 19%.

## SEC filing metadata
- accession: 0000080661-24-000047
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000008066124000047/0000080661-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066124000047/pgr-20241115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-24-000047
- JSON: https://secwatch.observer/filing/0000080661-24-000047.json
- Plain text: https://secwatch.observer/filing/0000080661-24-000047.txt

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