Premiums written up 22% in the second quarter year-over-year.
The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 21,541,600 in June, an increase of over 1.8 million or 9.6% from 19,658,300 in June 2023. June’s policies in force represent an increase of 290,000 or 1.4% from 21,252,100 in May.
The June total personal auto policies in force are a new record high for the company. While up on an annual basis, the growth in Progressive’s policies in force has slowed on a percentage basis from the highs in mid-2023.
Progressive auto insurance policies in
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