Andrew J. Quigg
on May 8, 2026, the Board of Directors elected Andrew J. Quigg, the Company’s current Chief Strategy and Finance Management Officer, as the Company’s next Vice President and Chief Financial Officer (“CFO”), effective July 4, 2026.
Highest-materiality recent filing
Net premiums written $7.28B (+6% YoY); net premiums earned $7.11B (+7%).
Progressive Names Andrew J. Quigg CFO; Board Authorizes 25M Share Buyback and $0.10 Dividend
Andrew J. Quigg elected CFO effective July 4, 2026, succeeding John P. Sauerland who retires July 3.
Progressive Q1 net income up 10% to $2.82B; diluted EPS $4.80 vs $4.37; combined ratio 86.4
Net income $2.82B ($4.80 diluted EPS) for Q1 2026, up from $2.57B ($4.37) in Q1 2025.
Progressive issues $1.5B senior notes at 4.60% (2031) and 5.15% (2036)
$500M of 4.60% Senior Notes due 2031 and $1B of 5.15% Senior Notes due 2036 issued.
Progressive reports February net income $943M, combined ratio 85.7, NPW up 5%
Net premiums written $6.995B, up 5% YoY; net premiums earned $6.528B, up 8%.
Progressive Jan 2026: net income $1.16B, EPS $1.98, policies up 10% YoY
Net premiums written $6.7B (+4% YoY); net premiums earned $6.9B (+5%).
Progressive Q4 net income $1.15B (+22% YoY); CFO Sauerland to retire July 3, 2026
Q4 diluted EPS $1.95, up 22% YoY; net premiums earned $7.12B, up 6%.
Progressive November net income down 5% to $958M; combined ratio 87.1 vs 85.6
Net premiums written $6.19B, +11% YoY; net premiums earned $6.89B, +14%.
Progressive reports October 2025 net income $846M, EPS $1.44; combined ratio improves to 89.7%
Net premiums written $7,002M (+6% YoY); net premiums earned $7,078M (+11% YoY).
September net income $305M ($0.52 EPS) vs $585M ($0.99) a year ago; combined ratio 100.4 vs 93.4.
Progressive August net income $1.22B, EPS $2.07, combined ratio 83.1%
Net premiums written $7.2B (+11% YoY); net premiums earned $7.0B (+18% YoY).
Progressive posts July net income $1.09B (+34%), combined ratio 85.3%, policies up 14%
Net income $1.09B (+34% YoY); diluted EPS $1.85 vs $1.38.
Progressive Q2 net income $3.18B ($5.40 diluted EPS), combined ratio improves to 86.2%
Net income for Q2 2025 reached $3.18B, up 118% YoY; diluted EPS $5.40 vs $2.48.
Progressive May net income $1.07B vs $235M YoY; combined ratio 86.9 vs 100.4
Net premiums written $6.63B (+11% YoY); net premiums earned $6.72B (+15% YoY).
Progressive April net income $986M (+134% YoY); combined ratio improves to 84.9
Net premiums written $6.84B (+11% YoY); net premiums earned $6.64B (+19%).
Progressive renews 25M share buyback, declares $0.10 quarterly dividend
Board authorized repurchase of up to 25 million common shares; previous authorization details not given.
Progressive March net income drops 42% YoY; Q1 EPS $4.37; combined ratio 90.9
March net income $522M (-42% YoY); EPS $0.89 (-42% YoY).
Progressive February net income $928M (+26% YoY); combined ratio 82.6% vs 86.8%
Net premiums written $6,684M (+17% YoY); net premiums earned $6,036M (+18%).
Progressive appoints Carl G. Joyce as VP & Chief Accounting Officer
Carl G. Joyce, 43, succeeds Mariann Wojtkun Marshall as VP and CAO effective March 7, 2025.
Progressive reports Jan. net income $1.12B, EPS $1.90; combined ratio 84.1%
Net premiums earned $6.59B (+22% YoY); net premiums written $6.48B (+18% YoY).
Progressive Q4 net income $2.36B (+19% YoY); full-year EPS $14.40, up 119%
December quarter net premiums written $5.96B (+22% YoY); net premiums earned $6.72B (+26%).
Progressive reports Nov net income up 48% YoY; combined ratio 85.6
Net income $1.01B ($1.71 diluted EPS) vs $680.6M ($1.15) in Nov 2023.
Progressive October net income $408M, combined ratio 94.1 on hurricane losses
Net premiums written $6.58B (+19% YoY); net premiums earned $6.39B (+19%).
Progressive reports Q3 net income $2.33B, up 108% YoY; combined ratio 89.0
Net premiums written for Q3 $19.46B (+25% YoY); net premiums earned $18.30B (+23%).
Progressive reports August net income $935M, combined ratio 85.5% vs 97.2% a year ago
August net income $935.3M ($1.59 diluted EPS); net premiums written $6.51B, earned $5.97B.
Progressive CAO Mariann Wojtkun Marshall to retire in mid-2025
Mariann Wojtkun Marshall notified Progressive on Aug 28, 2024 of her plan to retire as VP and CAO in mid-2025.
Progressive director Danelle M. Barrett resigns from board effective Aug. 21, 2024
Director Danelle M. Barrett resigned on August 21, 2024, citing personal health reasons.
Progressive reports July net income $813.5M, diluted EPS $1.38, combined ratio 88.0%
Net premiums written $6.38B, net premiums earned $6.07B for July.
Progressive Q2 net income up 322% to $1.46B; combined ratio improves to 91.9
Net premiums written $17.9B in Q2, up 22% YoY; net premiums earned $17.2B, up 19%.
Progressive reports May net income $235.7M, combined ratio 100.4 on $722M catastrophe losses
Net premiums written $5.98B, earned $5.86B for May; YTD net income $2.99B, diluted EPS $5.06.
Progressive reports April net income $420.3M, combined ratio 89.0%, policies up 7% YoY
Net premiums written $6.18B; net premiums earned $5.58B for April 2024.
Progressive renews share repurchase authorization for 25M shares; declares $0.10 quarterly dividend
Board renewed authorization to repurchase up to 25 million common shares; no expiration date mentioned.
Progressive Q1 net income surges 421% to $2.33B; combined ratio improves to 86.1
Net income $2,331.4M vs $447.9M YoY; diluted EPS $3.94 vs $0.75.
on May 8, 2026, the Board of Directors elected Andrew J. Quigg, the Company’s current Chief Strategy and Finance Management Officer, as the Company’s next Vice President and Chief Financial Officer (“CFO”), effective July 4, 2026.
in anticipation of John P. Sauerland’s retirement on July 3, 2026
On March 7, 2025, The Progressive Corporation (the “Company”) appointed Carl G. Joyce to succeed Mariann Wojtkun Marshall as Vice President and Chief Accounting Officer.
On March 7, 2025, The Progressive Corporation (the “Company”) appointed Carl G. Joyce to succeed Mariann Wojtkun Marshall as Vice President and Chief Accounting Officer.
On August 28, 2024, Mariann Wojtkun Marshall, Vice President and Chief Accounting Officer of The Progressive Corporation (the “Company”), notified the Company of her decision to retire from these positions in mid-2025
On August 20, 2024, The Progressive Corporation (the “Company”) was informed that Danelle M. Barrett, a member of the Board of Directors (the “Board”), intended to resign from the Board.
Max materiality 0.85 · Median 0.70 · Most common event earnings