MAYFIELD VILLAGE, OHIO, June 18, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation $(PGR)$ today reported the following results for the month ended May 31, 2025:

 
                                                    May 
                                        ---------------------------- 
(millions, except per share amounts 
and ratios; unaudited)                   2025    2024      Change 
                                         -----   -----  ------------ 
Net premiums written                    $6,634  $5,975     11      % 
Net premiums earned                     $6,715  $5,857     15      % 
Net income                              $1,065  $  235    353      % 
   Per share available to common 
    shareholders                        $ 1.81  $ 0.40    352      % 
Total pretax net realized gains 
 (losses) on securities                 $  211  $  118     79      % 
Combined ratio                            86.9   100.4  (13.5)  pts. 
Average diluted equivalent common 
 shares                                  587.7   587.4      0      % 
--------------------------------------   -----   -----  -----    --- 
 
 
                                     May 31, 
                             ------------------------ 
(thousands; unaudited)        2025    2024   % Change 
                                     ------  -------- 
Policies in Force 
Personal Lines 
   Agency -- auto            10,341   8,869        17 
   Direct -- auto            15,089  12,383        22 
   Special lines              6,787   6,248         9 
   Property                   3,601   3,305         9 
                             ------  ------ 
      Total Personal Lines   35,818  30,805        16 
Commercial Lines              1,184   1,114         6 
                             ------  ------ 
Companywide                  37,002  31,919        16 
                             ======  ====== 
 
 

See Progressive's complete monthly earnings release, including the "Monthly Commentary," for additional information.

About Progressive

Progressive Insurance$(R)$ makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it's most convenient for them -- online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price(R) , Snapshot(R) , and HomeQuote Explorer(R) .

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

Company Contact:

Douglas S. Constantine

(440) 395-3707

investor_relations@progressive.com

The Progressive Corporation

300 North Commons Blvd.

Mayfield Village, Ohio 44143

http://www.progressive.com

Download PDF: Progressive May 2025 Complete Earnings Release

(END) Dow Jones Newswires

June 18, 2025 08:24 ET (12:24 GMT)