secwatch.observer — SEC 8-K summary
======================================

Issuer:     PROGRESSIVE CORP/OH/ (PGR)
CIK:        0000080661
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0000080661-24-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Progressive reports Nov net income up 48% YoY; combined ratio 85.6
------------------------------------------------------------------

- Net income $1.01B ($1.71 diluted EPS) vs $680.6M ($1.15) in Nov 2023.
- Net premiums written $5.56B (+18% YoY); net premiums earned $6.04B (+19%).
- Companywide combined ratio 85.6, improved 5.5 pts vs 91.1 a year ago.
- Total policies in force 34.7M (+17% YoY); personal auto policies 23.6M (+21%).
- Board declared annual dividend of $4.50 and quarterly $0.10, payable Jan 16, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80661/000008066124000049/0000080661-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80661/000008066124000049/pgr-20241213.htm
  HTML page:      https://secwatch.observer/filing/0000080661-24-000049

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