{"schema_version":"secwatch.filing_event.v1","accession":"0000080661-26-000262","form_type":"8-K","ticker":"PGR","cik":"0000080661","company_name":"PROGRESSIVE CORP/OH/","filed_at":"2026-07-15T13:50:55+00:00","discovered_at":"2026-07-15T13:52:00.338221+00:00","generated_at":"2026-07-15T13:52:05.014466+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Progressive June net income falls 31% to $779M; combined ratio worsens to 90.0","bullets":["June net income $779M ($1.34 diluted EPS) vs $1.124B ($1.91) a year ago, down 31%.","Combined ratio 90.0 vs 86.6 in June 2025, driven by higher loss/LAE ratio.","Quarter net income $3.311B ($5.67 diluted EPS) up 4% from $3.175B ($5.40) in 2025.","Total policies in force 40.1M, up 7% YoY; Personal Lines agency auto up 8%, direct auto up 10%.","Property segment benefited from a one-time favorable 11.7-point actuarial methodology change."],"urls":{"canonical":"https://secwatch.observer/filing/0000080661-26-000262","json":"https://secwatch.observer/filing/0000080661-26-000262.json","markdown":"https://secwatch.observer/filing/0000080661-26-000262.md","text":"https://secwatch.observer/filing/0000080661-26-000262.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000262/0000080661-26-000262-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80661/000008066126000262/pgr-20260715.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-15T13:52:05.014466+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"}