{"schema_version":"secwatch.filing_event.v1","accession":"0000080661-25-000126","form_type":"8-K","ticker":"PGR","cik":"0000080661","company_name":"PROGRESSIVE CORP/OH/","filed_at":"2025-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.222801+00:00","generated_at":"2026-05-17T03:49:15.934705+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Progressive September net income falls 48%, books $950M Florida policyholder credit; quarterly EPS up 12%","bullets":["September net income $305M ($0.52 EPS) vs $585M ($0.99) a year ago; combined ratio 100.4 vs 93.4.","Recorded $950M liability for Florida personal auto policyholder credits due to statutory profit limit; reduces September earnings.","Quarterly net income $2,615M ($4.45 EPS) up 12% YoY; net premiums earned $20.8B up 14%; combined ratio 89.5 vs 89.0.","Policies in force grew 12% to 38.1M; personal lines agency auto up 13%, direct auto up 17%.","YTD net income $8.4B ($14.21 diluted EPS) up 36% vs $6.1B ($10.39); total portfolio return 6.1%."],"urls":{"canonical":"https://secwatch.observer/filing/0000080661-25-000126","json":"https://secwatch.observer/filing/0000080661-25-000126.json","markdown":"https://secwatch.observer/filing/0000080661-25-000126.md","text":"https://secwatch.observer/filing/0000080661-25-000126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80661/000008066125000126/0000080661-25-000126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80661/000008066125000126/pgr-20251015.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:49:15.934705+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"}