Progressive Corp. (PGR) reports November net income rises 56% to $242.4M, or 41 cents per share, from $154.9M, or 26 cents, a year ago.
For the month, net premiums written increased 15% to $2.33B Y/Y, while net premiums earned advanced 20% to $2.53B.
Combined ratio of 91.3 vs. 90.9 a year ago.
Total personal auto policies in force increased 15% to 13.3M.
Total personal lines up 11% to 17.7M.
Property business policies in force up 33% to 1.92M.