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Progressive Corp. Slips To Slight Loss In August - Quick Facts

Insurer Progressive Corp. (PGR) reported Friday a net loss for the month of August of $6.6 million or $0.02 per share, compared to net income of $487.4 million or $0.83 per share in the prior-year month.

Meanwhile, net premiums written for the month grew 13 percent to $3.89 billion from $3.44 billion last year. Net premiums earned also increased 14 percent to $3.51 billion from last year's $3.09 billion.

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