Subject: OT Progressive Insurance
July results are impressive. Hope Geico is keeping up.

Property and casualty insurer Progressive (NYSE:PGR) announced on Wednesday July earned premiums of $6.99B, up 15% year-over-year.

Net premiums written rose 11% from last year to $7.06B during the month.

Net income per share available to common shareholders stood at $1.85, compared to $1.38 in July 2024.

The insurer sees a combined ratio of 85.3% for the month.

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