Progressive November Profit Down 42% - Quick Facts

Progressive Corp. (PGR) reported that its net income for the month of November was $80 million or $0.12 per share, compared to $137.5 million or $0.20 per share in the same month last year.

Net premiums written for the month was $942.1 million, up 2% from $926.9 million in the year ago quarter. Net premiums earned for the quarter were $1.06 billion, compared to $1.05 billion in the year ago month.

by RTTNews Staff Writer

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