Progress Corp Oh Stock Price, News & Analysis

Progressive Corporation (NYSE:PGR) has announced its quarterly dividend payment. The company's Board of Directors declared a dividend of $0.10 per common share, which will be paid on October 10, 2025, to shareholders of record as of October 2, 2025.

Progressive, founded in 1937, is currently the second largest personal auto insurer in the United States, offering various insurance products including auto, home, commercial vehicles, motorcycles, boats, and recreational vehicles insurance. The company provides multiple channels for customers to purchase insurance, including online, phone, mobile app, and through local agents.

Progressive Corporation (NYSE: PGR) has announced an upcoming Investor Relations event scheduled for August 5, 2025, at 9:30 a.m. eastern time. The 90-minute event will feature a presentation on pricing methodology followed by a Q&A session with CEO Tricia Griffith and CFO John Sauerland.

The company will file its Quarterly Report on Form 10-Q and post its Shareholders' Report, including the CEO's Letter to Shareholders, on August 4, 2025. While call-in participants can ask questions via phone, webcast participants will not have this capability. The webcast replay will be available approximately two hours after the event and remain accessible until August 6, 2026.

Progressive Corporation (NYSE:PGR) has reported strong financial results for June 2025, with significant growth across key metrics. Net income surged 40% to $1.124 billion in June 2025, compared to $803 million in June 2024, while quarterly net income more than doubled with a 118% increase to $3.175 billion.

The company maintained solid operational efficiency with a combined ratio of 86.6% in June 2025, nearly flat from 86.2% the previous year. Net premiums written increased 15% to $6.605 billion for the month, while net premiums earned grew 20% to $6.954 billion.

Progressive's total policies in force grew 15% year-over-year to 37.315 million, with particularly strong growth in Direct auto policies (21% increase) and Agency auto policies (16% increase).

Progressive Insurance (NYSE:PGR) has announced a marketing collaboration with DC Studios and Warner Bros. Pictures, leveraging the upcoming Superman film to promote its in-app Accident Response safety feature. The partnership includes a life-sized comic-inspired diorama at the film's premiere, featuring a branded car replica suspended mid-air.

The campaign features Progressive's characters Flo and Jamie alongside Superman cast member Isabela Merced, who plays Hawkgirl. The initiative aims to showcase Progressive's Accident Response feature, which provides real-time emergency assistance, towing services, and claim initiation capabilities through the Progressive mobile app. The feature is available at no additional cost but is not accessible in California.

Roamly has won the Celent 2025 Model Insurer Award for Innovation Execution, recognized for its AI-powered Actuarial Rater™ technology. This breakthrough tool transforms how actuaries manage rating plans across multi-state environments, reducing implementation time from months to days. The technology enables actuaries to work independently from IT while maintaining accuracy and reliability. As part of Roamly's Enterprise Platform, the tool supports insurance carriers and marketplaces in embedding insurance into digital customer experiences. Roamly, a core business within Outdoorsy Group, has established partnerships with major carriers including Progressive (NYSE: PGR), Safeco, and Foremost. The company specializes in specialty insurance products and enterprise technology solutions that facilitate embedded insurance integration.

Progressive Corporation reported strong financial results for May 2025, with net income surging 353% to $1.065 billion compared to $235 million in May 2024. Net premiums written increased 11% to $6.634 billion, while net premiums earned grew 15% to $6.715 billion. The company's combined ratio improved significantly to 86.9%, down 13.5 points from 100.4% in the previous year. Total policies in force grew 16% companywide to 37 million, with notable growth in both Personal Lines (16% increase) and Commercial Lines (6% increase). Direct auto policies showed the strongest growth at 22%, while agency auto policies increased by 17%. The company also reported pretax net realized gains on securities of $211 million, up 79% from the previous year.

Progressive Insurance (PGR) has launched 'Open the House', a comprehensive initiative to promote homeownership accessibility and education. The program introduces The UpPayment assistance program, offering $13,500 grants to 100 qualified first-generation homebuyers. Progressive committed over $7 million in 2024 for homeownership support and is expanding this through multiple programs including: a nationwide educational tour with a 'home on wheels', a video series called 'Recipe for Homeownership', and a Home Appraisal Help online tool launching summer 2025. The initiative aims to address homeownership barriers, as 78% of U.S. adults cite affordability as the main obstacle to owning a home. The company is focusing on providing financial support, educational resources, and tools to help first-generation homebuyers achieve and maintain homeownership while building generational wealth.

Progressive reported strong financial results for April 2025, with net income surging 134% to $986 million ($1.68 per share) compared to $421 million in April 2024. The company demonstrated robust growth across key metrics, with net premiums written increasing 11% to $6.84 billion and net premiums earned rising 19% to $6.64 billion. The insurer's efficiency improved significantly, with a combined ratio of 84.9%, down 4.1 points from the previous year.

Progressive's policy growth remained strong, with total policies in force increasing 17% to 36.65 million. Direct auto policies showed the strongest growth at 23%, while agency auto policies grew 18%. The company maintained its position as the second-largest personal auto insurer in the country, with notable presence in commercial auto, motorcycle, boat, and homeowners insurance segments.

Progressive Insurance has launched its 2025 Driving Small Business Forward grant program, committing $1 million in grants to support small businesses across the United States. The program will award $50,000 each to 20 recipients for commercial vehicle purchases and related expenses. In partnership with Hello Alice, Progressive has already distributed $1.5 million to 40 recipients since the program's inception.

Grant recipients will also gain access to the Boost Camp, a 12-week business coaching program. Eligible businesses must have 10 or fewer employees, less than $5M in annual gross revenue, and demonstrate need for a commercial vehicle. Applications are open until June 20, 2025, with winners to be announced in August.