{"schema_version":"secwatch.filing_event.v1","accession":"0000080661-26-000210","form_type":"8-K","ticker":"PGR","cik":"0000080661","company_name":"PROGRESSIVE CORP/OH/","filed_at":"2026-06-17T13:00:47+00:00","discovered_at":"2026-06-17T13:02:00.289189+00:00","generated_at":"2026-06-17T13:03:02.540759+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Progressive: May net income up 36% to $1.45B; Personal Lines President Callahan to retire Jan 2027","bullets":["May 2026 net premiums earned $7.36B (+10% YoY); net income $1.45B (+36%); diluted EPS $2.47.","Combined ratio improved 4.8 pts to 82.1% aided by lower loss/LAE and favorable prior-year development of $226M.","Total policies in force reached 39.97M, up 8% YoY driven by 11% direct auto growth.","Personal Lines President Pat Callahan will retire Jan 2027 after 24 years; Lori Niederst promoted to Chief Personal Lines Officer, Heather Day to CRM President.","CFO Andrew Quigg receives new comp: $700k salary, 150% Gainshare target, plus $1.3M in RSUs effective July 4, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000080661-26-000210","json":"https://secwatch.observer/filing/0000080661-26-000210.json","markdown":"https://secwatch.observer/filing/0000080661-26-000210.md","text":"https://secwatch.observer/filing/0000080661-26-000210.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000210/0000080661-26-000210-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000210/pgr-20260611.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T13:03:02.540759+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":[{"claim_id":"32b702e786","claim":"Heather Day was appointed as CRM President at PROGRESSIVE CORP/OH/.","evidence_excerpt":"In addition, on July 4, 2026, Heather Day, the Company’s General Manager, Customer Experience Strategy, will become the Company’s next CRM President.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000210/0000080661-26-000210-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"CRM President"}],"fact_type":"executive_change"},{"claim_id":"5470f01219","claim":"Patrick K. Callahan departed as Personal Lines President at PROGRESSIVE CORP/OH/.","evidence_excerpt":"On June 17, 2026, The Progressive Corporation (the “Company”) announced that Patrick K. Callahan intends to retire from his role as Personal Lines President in January 2027.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000210/0000080661-26-000210-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"intends to retire"},{"label":"Role","value":"Personal Lines President"}],"fact_type":"executive_change"},{"claim_id":"9d588589a2","claim":"Lori Niederst was appointed as Chief Personal Lines Officer at PROGRESSIVE CORP/OH/.","evidence_excerpt":"on July 4, 2026, Lori Niederst, the Company’s CRM President, will be promoted to a newly created role of Chief Personal Lines Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000210/0000080661-26-000210-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Chief Personal Lines Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}