The Progressive Corporation filings document formal disclosures for an Ohio-based insurance holding company with common shares listed on the New York Stock Exchange. Its 8-K reports regularly furnish monthly and year-to-date operating results for the company and its consolidated subsidiaries, including net premiums written, net premiums earned, net income, per-share results, combined ratio, realized securities gains or losses, and policies in force by line of business.
The filing record also includes capital-structure disclosures tied to senior notes and material agreements, proxy materials covering board governance, shareholder voting matters, executive compensation, and equity awards, and officer-transition disclosures under current-report requirements.
PROGRESSIVE CORP (PGR) reported that Chief Information Officer Steven Broz sold 1,225 shares of Progressive common stock on August 20, 2026 at a price of $219.40 per share in an open-market or private transaction. Following this sale, he directly holds 31,256.945 shares of Progressive common stock. The transaction was carried out pursuant to a Rule 10b5-1 trading plan adopted by Mr. Broz on February 19, 2026.
Progressive Corp (PGR) received a Rule 144 notice indicating that Steven Broz, through Fidelity Brokerage Services LLC, plans to sell up to 1,225 shares of Progressive common stock on the NYSE. The shares relate to restricted stock vesting on July 24, 2026, and prior Rule 144 sales have occurred in recent months.
PROGRESSIVE CORP (PGR) reported July 2026 results showing modest premium growth but lower monthly profitability. Net premiums written for July were $7.44 billion and net premiums earned were $7.36 billion, both up 5% year over year. July net income declined to $961 million from $1.09 billion, and diluted earnings per share were $1.65, down 11%. The July combined ratio was 86.8 versus 85.3 a year ago, reflecting a 1.5-point increase in overall loss and expense ratios. Total policies in force reached 40.3 million, up 7%.
For the year-to-date period ended July 31, 2026, net premiums written were $52.16 billion and net premiums earned were $49.90 billion, increases of 6% and 7%, respectively. Year‑to‑date net income rose to $7.09 billion from $6.83 billion, while total revenues reached $53.60 billion. Investment income was $2.23 billion, up 12%. Year‑to‑date the combined ratio was 86.9. Shareholders’ equity was $34.66 billion with book value per share of $59.64, and trailing 12‑month return on average common equity based on net income was 34.2%.
Progressive Corp (PGR) officer Lori A. Niederst, Chief Personal Lines Officer, reported selling 7,339 shares of common stock on 2026-08-13 at $209.29 per share in an open-market transaction. After this sale, she directly holds 42,566.882 shares and has 209.599 shares held indirectly through her husband's 401(k) plan. The sale was executed under a Rule 10b5-1 trading plan adopted on April 16, 2026.
The Progressive Corporation declared a quarterly common share dividend of $0.10 per share, payable on October 9, 2026 to shareholders of record on October 1, 2026. The company also provided a detailed overview of its 2026–2027 catastrophe reinsurance program for Property and certain business owners property business.
The Property per Occurrence excess-of-loss program running from June 1, 2026 to May 31, 2027 carries a $300 million retention for the first event outside Florida and $75 million in Florida, with coverage limits of $2.19 billion for a first Florida event and $1.85 billion for a first event elsewhere. Florida Hurricane Catastrophe Fund contracts are expected to provide $112.6 million of indemnification above a $71.7 million retention, and a Florida-only layer adds $225 million of coverage above a $75 million retention.
Additional layers, including catastrophe bonds via Bonanza Re Ltd and aggregate excess-of-loss protection, provide hundreds of millions of dollars of capacity, while catastrophe modeling as of March 31, 2026 estimates gross probable maximum losses up to $2,786 million for a 1-in-1,000-year event before reinsurance.
The Progressive Corporation reported strong profitability for the quarter and six months ended June 30, 2026. Second-quarter net income was $3,311M on total revenues of $23,609M, with six‑month net income of $6,129M on revenues of $45,797M. Companywide underwriting margins were 12.7% in Q2 and 13.1% year‑to‑date, corresponding to combined ratios of 87.3 and 86.9.
Personal Lines generated a Q2 underwriting margin of 12.4%, while Commercial Lines delivered 14.7%. Companywide net premiums written grew about $1.0B, or 5%, versus Q2 2025, and net premiums earned rose 6%. Progressive surpassed 40 million policies in force, adding 0.5 million during the quarter and 2.8 million year over year, despite heightened competition and higher advertising spend that added 0.5 points to the expense ratio.
The investment portfolio had a fair value of $97,221M, producing Q2 net investment income of $969M and total net realized gains on securities of $604M, though other comprehensive income reflected $375M of unrealized losses on fixed‑maturity securities in the quarter. Operating cash flow was $7,974M for the first half, supporting common dividends paid of $8,030M and repurchases of 5.4M shares for about $1,066M. Progressive issued $1,487M of new senior notes, bringing total debt to $8,387M and total capital to $42.7B, with a debt‑to‑total‑capital ratio of 19.6%. The company also discloses multiple class‑action and related lawsuits over claims practices where losses are deemed reasonably possible but not currently probable or reasonably estimable; adverse outcomes in aggregate could be materially adverse.
Progressive Corp. VP and Chief Financial Officer Andrew J. Quigg sold 3,499 shares of Progressive common stock on July 28, 2026 at $220 per share in an open market or private transaction. The trade was made under a 10b5-1 trading plan adopted on January 29, 2026, and he now directly holds 42,594.791 shares.
Progressive Corp executive John Jo Murphy, Claims President, sold 8,124 shares of common stock on July 27, 2026 at $212.70 per share in an open-market or private transaction under a Rule 10b5-1 trading plan adopted on February 19, 2026. After the sale, he directly held 41,290.749 shares and indirectly held 15,175.245 shares through a 401(k) Plan.
Progressive Corp’s President and CEO, Susan Patricia Griffith, sold 37,338 shares of Progressive common stock on 2026-07-27 at an average price of $212.71 per share, classified as a sale in an open market or private transaction. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on March 30, 2026. Following the sale, she holds 522,775.572 shares directly, plus indirect holdings of 16,788.481 shares in a 401(k) Plan, 19,108 shares held as her husband’s common stock, and 53,737.096 shares in a trust for the benefit of her spouse.