The Progressive Corporation (PGR) reported net income of $943 million for the month of February, an increase of 2% from a year ago. Net income per share available to common shareholders was $1.61 compared to $1.58.
For the month ended February 28, 2026, net premiums written was $7.00 billion, an increase of 5% from last year. Net premiums earned was $6.5 billion, up 8%.
In pre-market trading on NYSE, Progressive Corp. shares are down 0.49 percent to $202.69.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.