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By Navneeta Nandan Sept 18 (The Insurer) — The Progressive Corporation reported a 22% drop in its net income, with a worsened combined ratio of 89.3% in August 2026, the US personal lines insurer said on Friday. Net income fell to $951 million in the month, down from $1.22 billion in August 2025. Its combined ratio det
Progressive posted August 2026 net income of $951 million, down 22% from $1.22 billion a year earlier. Net premiums written rose 6% to $7.61 billion; net premiums earned increased 5% to $7.35 billion. Combined ratio worsened to 89.3 from 83.1, signaling higher underwriting costs relative to premiums. Total policies in