Progressive reports 90% CR for September

Progressive released its financial results for September, ending the month with a combined ratio of 90% and net income of $630 million.

Year-to-date, Progressive’s net income stands at $8.6 billion and combined ratio sits at 87.5%.

The insurer had ~40.5 million policies at the end of September, an increase of 6% compared to September 2025. Progressive’s PIF count fell by about 3k policies from August to September.  Since the beginning of the year, Progressive added ~1.87 million policies to its overall count.