{"schema_version":"secwatch.filing_event.v1","accession":"0000080661-26-000204","form_type":"8-K","ticker":"PGR","cik":"0000080661","company_name":"PROGRESSIVE CORP/OH/","filed_at":"2026-05-20T12:33:11+00:00","discovered_at":"2026-05-20T12:35:00.381931+00:00","generated_at":"2026-05-20T12:36:46.571051+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Progressive April net income up 10% to $1.09B but combined ratio rises to 90.2 from 84.9 on cat losses","bullets":["Net premiums written $7.28B (+6% YoY); net premiums earned $7.11B (+7%).","Net income $1.09B ($1.86 diluted EPS) vs $986M ($1.68) last year; YTD net income $3.91B ($6.66 diluted).","Combined ratio 90.2% vs 84.9% last April; YTD combined ratio 87.4%; net catastrophe loss ratio 7.0% (companywide).","Policies in force 39.8M (+8% YoY); Personal Lines auto direct +11%, agency auto +8%.","Total pretax net realized gains on securities $402M (vs -$3M last year) drove earnings."],"urls":{"canonical":"https://secwatch.observer/filing/0000080661-26-000204","json":"https://secwatch.observer/filing/0000080661-26-000204.json","markdown":"https://secwatch.observer/filing/0000080661-26-000204.md","text":"https://secwatch.observer/filing/0000080661-26-000204.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000204/0000080661-26-000204-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000204/pgr-20260520.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T12:36:46.571051+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"}