Progressive July net income falls 12% to $961 million
PGR•Progressive reports July 2026 results
- Progressive posted July 2026 net income of $961 million, down 12% from $1.09 billion a year earlier.
- Net premiums written rose 5% to $7.44 billion; net premiums earned increased 5% to $7.36 billion.
- Combined ratio worsened to 86.8 from 85.3.
- Pretax net realized losses on securities totaled $47 million, versus $79 million in gains.
- Policies in force climbed 7% to 40.3 million, with personal lines up 7% to 39.1 million.
