{"schema_version":"secwatch.filing_event.v1","accession":"0000080661-25-000020","form_type":"8-K","ticker":"PGR","cik":"0000080661","company_name":"PROGRESSIVE CORP/OH/","filed_at":"2025-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.347104+00:00","generated_at":"2026-05-23T14:06:29.214031+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Progressive March net income drops 42% YoY; Q1 EPS $4.37; combined ratio 90.9","bullets":["March net income $522M (-42% YoY); EPS $0.89 (-42% YoY).","Q1 net premiums written $22.2B (+17% YoY); net premiums earned $19.4B (+20% YoY).","Q1 combined ratio 86.0%, flat YoY; March combined ratio 90.9% vs 84.3% (6.6 pts worse).","Policies in force up 18% YoY to 36.3M; personal auto direct +25%, agency +18%.","Total portfolio FTE return +0.2% for month; pretax investment book yield 4.3%."],"urls":{"canonical":"https://secwatch.observer/filing/0000080661-25-000020","json":"https://secwatch.observer/filing/0000080661-25-000020.json","markdown":"https://secwatch.observer/filing/0000080661-25-000020.md","text":"https://secwatch.observer/filing/0000080661-25-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80661/000008066125000020/0000080661-25-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80661/000008066125000020/pgr-20250416.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T14:06:29.214031+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}