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.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 
What Analysts Are Saying About the 2026 P/C Insurance Market 
