Auto policies were up over 19% from June 2024. Quarter ending combined ratio down nearly 6 points year-over-year.
The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 25,668,000 in June, an increase of 4,126,400 or 19.2% from 21,541,600 in June 2024. The June total personal auto policies in force set another new record for the company, continuing a streak that began in early 2024.
The growth in Progressive’s policies in force year-over-year continues at an elevated level. The latest increase, however, is below the 21.9% increase in March and 20.9% increase in April, and
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