secwatch.observer — SEC 8-K summary
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Issuer:     PROGRESSIVE CORP/OH/ (PGR)
CIK:        0000080661
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0000080661-26-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Progressive Jan 2026: net income $1.16B, EPS $1.98, policies up 10% YoY
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- Net premiums written $6.7B (+4% YoY); net premiums earned $6.9B (+5%).
- Combined ratio 84.4 vs 84.1; catastrophe loss ratio 0.7%.
- Policies in force 38.9M (+10% YoY); Personal Lines direct auto +14%.
- Investment income $311M (+16%); book yield 4.2% vs 4.1%.
- CFO transition: Andrew Quigg to assume CFO role in July 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80661/000008066126000075/0000080661-26-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80661/000008066126000075/pgr-20260218.htm
  HTML page:      https://secwatch.observer/filing/0000080661-26-000075

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