Progressive Corporation reported its January 2026 monthly earnings on February 18, 2026, showing a 4% increase in net income to $1,163 million and diluted earnings per share of $1.98, up from $1.90 in January 2025. Net premiums written rose 4% to $6,735 million and net premiums earned climbed 5% to $6,921 million, while the combined ratio improved to 84.4% from 84.1% a year earlier. Policies in force increased 10% to 38,875 thousand, reflecting a broad-based expansion in the company’s core lines.
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