The Progressive Corporation reported a 32 percent decline in the auto insurer's net income for the fourth quarter of last year.
The Mayfield, Ohio-based carrier reported $281.6 million in net income for the quarter, compared with $413.5 million for the same period last year.
The combined ratio also rose 5 points, with the company posting 90.7 for the fourth quarter last year compared to 85.5 for the 2004 period.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
