NU Online News Service, Oct. 12, 2:45 p.m. EDT
Mayfield Village, Ohio-based auto insurer Progressive reports net income for September was down 6 percent and down 42 percent for the quarter compared to the previous year.
The company issued its September results saying net income dropped $5 million from the same period last year to $77 million. Net premium written rose $21 million to $1.17 billion for the month. Earnings per share were flat at 12-cents.
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