Progressive July net income falls 12% to $961 million

Reuters2026/08/19 12:22

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Progressive posted July 2026 net income of $961 million, down 12% from $1.09 billion a year earlier.
Net premiums written rose 5% to $7.44 billion; net premiums earned increased 5% to $7.36 billion.
Combined ratio worsened to 86.8 from 85.3.
Pretax net realized losses on securities totaled $47 million, versus $79 million in gains.
Policies in force climbed 7% to 40.3 million, with personal lines up 7% to 39.1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Progressive Corporation published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Progressive July net income falls 12% to $961 million

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