Recent Updates — PGR
The Progressive Corporation filed a Form 8-K on September 18, 2026, to disclose financial results for the month and year-to-date periods ended August 31, 2026. For the month of August, net premiums written increased 6% to $7,605 million, while net income declined 22% to $951 million compared to the prior year period. The combined ratio widened by 6.2 percentage points to 89.3, driven by a higher loss and LAE ratio of 68.8%. Year-to-date net premiums written grew 6% to $59,764 million, with total policies in force increasing 7% to 40,492 thousand. The company also reported repurchasing 630,912 common shares at an average cost of $210.93 per share during the month. Progressive operates as a leading provider of personal and commercial property-casualty insurance in the United States.
The Progressive Corporation filed a Form 8-K on August 19, 2026, to disclose its financial results for the month and year-to-date periods ended July 31, 2026. For the month of July, net premiums written increased 5% to $7,441 million, while net income declined 12% to $961 million compared to the prior year period. The combined ratio for July was 86.8%, an increase of 1.5 percentage points from 85.3% in July 2025. Year-to-date net premiums written rose 6% to $52,159 million, and net income increased to $7,090 million. The company reported total policies in force of 40,304 thousand at the end of July, up 7% from the previous year. Progressive operates as a leading provider of personal and commercial property-casualty insurance products throughout the United States.
The Progressive Corporation's Board of Directors declared a quarterly common share dividend of $0.10 per share. The dividend is payable on October 9, 2026, to shareholders of record as of October 1, 2026. Additionally, the company released its Catastrophe Reinsurance Program report for the 2026-2027 period, detailing reinsurance structures including property catastrophe per occurrence and aggregate excess of loss programs designed to manage volatility from severe weather events. The insurance industry
The Progressive Corporation issued a news release on July 15, 2026, reporting its financial results for the month and year-to-date periods ended June 30, 026, and selected quarterly financial results. The Progressive Corporation is an insurance company providing various types of insurance coverage.
The Progressive Corporation announced management changes including the retirement of Personal Lines President Patrick K. Callahan in January 2027, the promotion of Lori Niederst to Chief Personal Lines Officer on July 4, 2026, and Heather Day to CRM President on July 4, 2026. Additionally, the Compensation and Talent Committee approved Andrew J. Quigg's annual compensation package as CFO, including a $700,000 salary and $1.3 million in equity awards. The company is an insurance provider specializing in personal and commercial lines of business.