PROGRESSIVE CORP/OH/

The Progressive Corporation announced its quarterly common share dividend of $0.10 per share, payable October 9, 2026. Concurrently, the company released a comprehensive report detailing its 2026-2027 Catastrophe Reinsurance Program. This program, which renewed June 1, 2026, outlines excess of loss protection for property and business owners' property against catastrophe events, including specific coverage layers, retentions, and aggregate limits to manage risk and protect capital.

Progressive reported strong financial results for the second quarter and first six months of 2026. Diluted EPS increased 5.0% to $5.67, and net income rose 4.3% to $3,311 million for the quarter. Total revenues grew 7.3% to $23,609 million, driven by a 6.2% increase in net premiums earned and a 12.4% rise in investment income. However, net cash provided by operating activities for the first six months decreased by 13.2% year-over-year.

The Progressive Corporation announced it will host an Investor Relations event on Tuesday, August 4, 2026, at 9:30 a.m. ET. The 90-minute event will feature a presentation on the Robinsons consumer segment, followed by a Q&A session with CEO Tricia Griffith and CFO Andrew Quigg. The company also expects to file its Quarterly Report on Form 10-Q with the SEC on August 3, 2026, and post its Shareholders’ Report online.

Progressive reported Q2 2026 financial results, with net income decreasing 31% to $779 million and diluted EPS falling 30% to $1.34. This decline occurred despite a 5% increase in net premiums written to $21.08 billion and a 6% rise in net premiums earned to $21.57 billion. The combined ratio worsened by 3.4 points to 90.0%. Year-to-date, net income increased 7% to $6.13 billion, and total policies in force grew 7% to 40.09 million.

Progressive reported its results for the month and quarter ended June 30, 2026. For the second quarter, net premiums written increased by 5% to $21.08 billion, and net income rose 4% to $3.31 billion, with EPS up 5% to $5.67. However, the combined ratio worsened by 1.1 percentage points to 87.3%. Monthly results for June showed a significant decline, with net income down 31% to $779 million and EPS down 30% to $1.34. Total policies in force grew 7% year-over-year to 40.09 million.

The Progressive Corporation announced significant management changes, including the upcoming retirement of Personal Lines President Patrick K. Callahan in January 2027, who will transition to an advisory role. Lori Niederst will be promoted to Chief Personal Lines Officer, and Heather Day will become CRM President. The company also disclosed compensation details for CFO Andrew J. Quigg, including salary and equity awards. Additionally, Progressive reported its May 2026 financial results, showing a 36% increase in net income to $1,445 million and a 6% rise in net premiums written to $7,027 million, with an improved combined ratio of 82.1%.

The Progressive Corporation announced that Pat Callahan, its Personal Lines President, intends to retire after nearly 24 years with the company. He will remain in his current role until January 2027 and then transition to a part-time advisory position. To ensure a smooth transition, Lori Niederst will move into the newly created role of Chief Personal Lines Officer, overseeing Personal Lines and CRM operations, while Heather Day will become CRM President in July.

Progressive reported strong financial results for May 2026, with net income increasing 36% to $1.445 billion and earnings per share also rising 36% to $2.47. The company's combined ratio improved significantly by 4.8 points to 82.1%. Total policies in force grew 8% year-over-year to nearly 40 million, driven by strong growth in personal lines, particularly direct auto.

The Progressive Corporation reported strong financial results for April 2026 and year-to-date. Net income for April increased by 10% to $1.09 billion, with diluted EPS rising 11% to $1.86. Year-to-date net income also grew 10% to $3.91 billion, and total policies in force expanded by 8% to 39.77 million.

The Progressive Corporation reported strong financial results for April 2026, with net income increasing 10% to $1,087 million and earnings per share rising 11% to $1.86. The company also saw a 6% increase in net premiums written and a 7% rise in net premiums earned. Policies in force across both Personal and Commercial Lines demonstrated solid growth, although the combined ratio increased by 5.3 points.