Mayfield Village, Ohio-based Progressive Corp. has reported that for February 2003, the company produced a GAAP combined ratio of 89.8 percent.
Net premiums written increased 31 percent to $942.7 million for the month, compared to $719.6 million last year. Net premiums earned for the month increased 32 increased to $805.8 million, compared to $608.7 million last year.
Progressive, the country’s third-leading auto insurer offers its products through more than 30,000 independent agencies.
Was this article valuable?
Here are more articles you may enjoy.
SEC to Drop Controversial SolarWinds Cyberattack Lawsuit 
Homesellers Pull Listings Off Market as Interest Fades 
Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes 
North Carolina Motorist Tells 911: Eagle Dropped a Cat Through the Windshield 
