Form 8-K
8-K — PROGRESSIVE CORP/OH/
Accession: 0000080661-26-000210
Filed: 2026-06-17
Period: 2026-06-11
CIK: 0000080661
SIC: 6331 (FIRE, MARINE & CASUALTY INSURANCE)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — pgr-20260611.htm (Primary)
EX-99.1 (pgr202605ex991earningsrele.htm)
EX-99.2 (pgr202605ex992newsrelease.htm)
GRAPHIC (image0a04a01a67a.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: pgr-20260611.htm · Sequence: 1
pgr-20260611
FalsePROGRESSIVE CORP/OH/000008066100000806612026-06-112026-06-11
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 11, 2026
THE PROGRESSIVE CORPORATION
(Exact name of registrant as specified in its charter)
Ohio 001-09518 34-0963169
(State or other jurisdiction of
incorporation) (Commission File Number) (IRS Employer
Identification No.)
300 North Commons Blvd., Mayfield Village, Ohio 44143
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (440) 461-5000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $1.00 Par Value PGR New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On June 17, 2026, The Progressive Corporation (the “Company”) announced that Patrick K. Callahan intends to retire from his role as Personal Lines President in January 2027. After that time, Mr. Callahan intends to continue contributing to the Company’s success by advising the executive team on topics of strategic importance. The terms of that arrangement are under discussion. In connection with the orderly transition of the Personal Lines President role, on July 4, 2026, Lori Niederst, the Company’s CRM President, will be promoted to a newly created role of Chief Personal Lines Officer, overseeing both the Personal Lines business and the CRM operations. In addition, on July 4, 2026, Heather Day, the Company’s General Manager, Customer Experience Strategy, will become the Company’s next CRM President. The Company’s press release announcing Mr. Callahan’s retirement and other management changes is attached hereto as Exhibit 99.2.
(c) This disclosure amends and supplements the Company’s Current Report on Form 8-K, filed on May 12, 2026. On June 11, 2026, the Compensation and Talent Committee (the “Committee”) of the Company’s Board of Directors approved, effective July 4, 2026, Andrew J. Quigg’s annual compensation package as the Company’s Vice President and Chief Financial Officer (“CFO”), which includes an annual salary of $700,000 and a Gainshare target percentage of 150% of salary. Additionally, the Committee approved granting equity awards to Mr. Quigg on July 20, 2026, comprised of a $100,000 time-based restricted stock unit (“RSU”) award and a $1,200,000 performance-based (performance versus market) RSU award. The terms of the equity awards will be the same as the terms of the annual equity awards granted to the Company’s named executive officers during 2026.
Item 7.01 Regulation FD Disclosure.
On June 17, 2026, the Company issued a news release containing financial results of the Company and its consolidated subsidiaries for the month and year-to-date periods ended May 31, 2026. A copy of the news release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
See exhibit index on page 3.
- 1 -
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 17, 2026
THE PROGRESSIVE CORPORATION
By: /s/ Carl G. Joyce
Name: Carl G. Joyce
Title: Vice President and Chief Accounting Officer
- 2 -
EXHIBIT INDEX
Exhibit No. Under Reg. S-K Item 601 Form 8-K Exhibit No.
Description
99 99.1
News release dated June 17, 2026, containing financial results of The Progressive Corporation and its consolidated subsidiaries for the month and year-to-date periods ended May 31, 2026.
99 99.2
News release dated June 17, 2026, containing the announcement of Patrick K. Callahan’s retirement and other management changes.
104 104 Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document).
- 3 -
EX-99.1
EX-99.1
Filename: pgr202605ex991earningsrele.htm · Sequence: 2
Document
NEWS RELEASE
The Progressive Corporation Company Contact:
300 North Commons Blvd. Julianna Paterra
Mayfield Village, Ohio 44143 (231) 600-3060
http://www.progressive.com
investor_relations@progressive.com
PROGRESSIVE REPORTS MAY RESULTS
MAYFIELD VILLAGE, OHIO -- June 17, 2026 -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2026:
May
(millions, except per share amounts and ratios; unaudited) 2026 2025 Change
Net premiums written $ 7,027 $ 6,634 6 %
Net premiums earned $ 7,361 $ 6,715 10 %
Net income $ 1,445 $ 1,065 36 %
Per share available to common shareholders $ 2.47 $ 1.81 36 %
Total pretax net realized gains (losses) on securities $ 215 $ 211 2 %
Combined ratio 82.1 86.9 (4.8) pts.
Average diluted equivalent common shares 584.2 587.7 (1) %
May 31,
(thousands; unaudited) 2026 2025 % Change
Policies in Force
Personal Lines
Agency – auto 11,172 10,341 8
Direct – auto 16,715 15,089 11
Special lines 7,234 6,787 7
Property 3,632 3,601 1
Total Personal Lines 38,753 35,818 8
Commercial Lines 1,217 1,184 3
Total 39,970 37,002 8
Progressive offers personal and commercial insurance throughout the United States. Our Personal Lines business writes insurance for personal vehicles (auto and special lines products) and personal property insurance for homeowners and renters. Our Commercial Lines business writes auto-related liability and physical damage insurance, business-related general liability and commercial property insurance predominantly for small businesses, and workers’ compensation insurance primarily for the transportation industry.
- 1 -
THE PROGRESSIVE CORPORATION AND SUBSIDIARIES
COMPREHENSIVE INCOME STATEMENT
For the month ended May 31, 2026
(millions)
(unaudited)
Current Month
Comments on Monthly Results1
Net premiums written
$ 7,027
Revenues:
Net premiums earned
$ 7,361
Investment income
334
Net realized gains (losses) on securities:
Net realized gains (losses) on security sales
(23)
Net holding period gains (losses) on securities
238
Total net realized gains (losses) on securities
215
Fees and other revenues
100
Service revenues
49
Total revenues
8,059
Expenses:
Losses and loss adjustment expenses
4,600
Policy acquisition costs
533
Other underwriting expenses
1,009
Investment expenses
4
Service expenses
50
Interest expense
29
Total expenses
6,225
Income before income taxes
1,834
Provision for income taxes
389
Net income
1,445
Other comprehensive income (loss):
Change in total net unrealized gains (losses) on fixed-maturity securities
(156)
Total comprehensive income (loss)
$ 1,289
1 For a description of our financial reporting and accounting policies as it applies to information contained throughout this release, see Note 1 to our 2025 audited consolidated financial statements included in our 2025 Shareholders’ Report, which can be found at www.progressive.com/annualreport.
- 2 -
THE PROGRESSIVE CORPORATION AND SUBSIDIARIES
COMPREHENSIVE INCOME STATEMENTS
For the year-to-date periods ended May 31,
(millions)
(unaudited)
Year-to-Date
2026 2025
Net premiums written $ 37,946 $ 35,677
Revenues:
Net premiums earned $ 35,441 $ 32,765
Investment income 1,567 1,390
Net realized gains (losses) on securities:
Net realized gains (losses) on security sales 84 18
Net holding period gains (losses) on securities 413 (22)
Total net realized gains (losses) on securities 497 (4)
Fees and other revenues 498 488
Service revenues 226 199
Total revenues 38,229 34,838
Expenses:
Losses and loss adjustment expenses 23,462 21,720
Policy acquisition costs 2,586 2,451
Other underwriting expenses 5,020 4,486
Investment expenses 15 14
Service expenses 234 209
Interest expense 128 116
Total expenses 31,445 28,996
Income before income taxes 6,784 5,842
Provision for income taxes 1,434 1,224
Net income 5,350 4,618
Other comprehensive income (loss):
Changes in:
Total net unrealized gains (losses) on fixed-maturity securities
(829) 873
Net unrealized losses on forecasted transactions
0 1
Other comprehensive income (loss) (829) 874
Total comprehensive income (loss) $ 4,521 $ 5,492
- 3 -
THE PROGRESSIVE CORPORATION AND SUBSIDIARIES
COMPUTATION OF NET INCOME AND COMPREHENSIVE INCOME PER SHARE
&
INVESTMENT RESULTS
For the month and year-to-date periods ended May 31,
(millions – except per share amounts)
(unaudited)
The following table sets forth the computation of per share results:
May Year-to-Date
2026 2026 2025
Net income
$ 1,445 $ 5,350 $ 4,618
Per common share:
Basic
$ 2.48 $ 9.15 $ 7.88
Diluted
$ 2.47 $ 9.13 $ 7.86
Comprehensive income (loss)
$ 1,289 $ 4,521 $ 5,492
Per common share:
Diluted
$ 2.21 $ 7.71 $ 9.34
Average common shares outstanding - Basic
583.0 584.8 586.1
Net effect of dilutive stock-based compensation
1.2 1.3 1.6
Total average equivalent common shares - Diluted
584.2 586.1 587.7
The following table sets forth the investment results for the period:
May Year-to-Date
2026 2026 2025
Fully taxable equivalent (FTE) total return:
Fixed-income securities
0.1% 0.7% 3.2%
Common stocks
5.1% 11.0% 0.4%
Total portfolio
0.4% 1.1% 3.1%
Pretax annualized investment income book yield
4.3% 4.2% 4.1%
- 4 -
THE PROGRESSIVE CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL INFORMATION
For the month ended May 31, 2026
($ in millions)
(unaudited)
Current Month
Personal Lines Business Commercial
Vehicles Lines Companywide
Agency Direct Property Total Business Total
Net Premiums Written $ 2,545 $ 3,353 $ 286 $ 6,184 $ 842 $ 7,027
% Growth in NPW 3% 9% 3% 6% 6% 6%
Net Premiums Earned $ 2,604 $ 3,569 $ 266 $ 6,439 $ 921 $ 7,361
% Growth in NPE 8% 14% 1% 11% 0% 10%
GAAP Ratios
Loss/LAE ratio 63.9 65.3 38.4 63.7 53.8 62.4
Expense ratio 18.3 19.3 29.5 19.3 21.9 19.7
Combined ratio 82.2 84.6 67.9 83.0 75.7 82.1
Net catastrophe loss ratio1
1.5 3.4 1.6 0.5 1.4
Actuarial Adjustments2
Reserve Decrease/(Increase)
Prior accident years $ 81
Current accident year 32
Calendar year actuarial adjustment $ 31 $ 41 $ 4 $ 76 $ 37 $ 113
Prior Accident Years Development
Favorable/(Unfavorable)
Actuarial adjustment $ 81
All other development 145
Total development $ 226
Calendar year loss/LAE ratio 62.4
Accident year loss/LAE ratio 65.5
1 Represents catastrophe losses incurred during the period, including development on prior events and the impact of reinsurance, if any, as a percent of net premiums earned.
2 Represents adjustments solely based on our normally scheduled actuarial reviews. For our Personal Lines property business, the actuarial reserving methodology includes changes to catastrophe losses, while the reviews in our personal and commercial vehicle businesses do not include catastrophes.
- 5 -
THE PROGRESSIVE CORPORATION AND SUBSIDIARIES
SUPPLEMENTAL INFORMATION
For the year-to-date period ended May 31, 2026
($ in millions)
(unaudited)
Year-to-Date
Personal Lines Business Commercial
Vehicles Lines Companywide
Agency Direct Property Total Business Total
Net Premiums Written $ 13,024 $ 17,945 $ 1,252 $ 32,221 $ 5,721 $ 37,946
% Growth in NPW 4% 10% (3)% 7% 3% 6%
Net Premiums Earned $ 12,605 $ 17,154 $ 1,289 $ 31,048 $ 4,390 $ 35,441
% Growth in NPE 7% 13% (1)% 10% (3)% 8%
GAAP Ratios
Loss/LAE ratio 65.5 68.0 51.0 66.3 65.0 66.2
Expense ratio 18.2 20.4 29.6 19.9 21.5 20.1
Combined ratio 83.7 88.4 80.6 86.2 86.5 86.3
Net catastrophe loss ratio1
2.3 13.8 2.8 0.3 2.5
Actuarial Adjustments2
Reserve Decrease/(Increase)
Prior accident years $ 227
Current accident year 93
Calendar year actuarial adjustment $ 96 $ 143 $ 22 $ 261 $ 59 $ 320
Prior Accident Years Development
Favorable/(Unfavorable)
Actuarial adjustment $ 227
All other development 539
Total development $ 766
Calendar year loss/LAE ratio 66.2
Accident year loss/LAE ratio 68.4
1 Represents catastrophe losses incurred during the year, including development on prior events and the impact of reinsurance, as a percent of net premiums earned.
2 Represents adjustments solely based on our normally scheduled actuarial reviews. For our Personal Lines property business, the actuarial reserving methodology includes changes to catastrophe losses, while the reviews in our personal and commercial vehicle businesses do not include catastrophes.
- 6 -
THE PROGRESSIVE CORPORATION AND SUBSIDIARIES
BALANCE SHEET AND OTHER INFORMATION
(millions - except per share amounts and common shares repurchased)
(unaudited)
May 31, 2026
CONDENSED GAAP BALANCE SHEET:
Investments, at fair value:
Available-for-sale securities:
Fixed maturities1 (amortized cost: $91,620)
$ 90,723
Short-term investments (amortized cost: $839)
839
Total available-for-sale securities 91,562
Equity securities:
Nonredeemable preferred stocks (cost: $243)
227
Common equities (cost: $840)
4,537
Total equity securities 4,764
Total investments2
96,326
Net premiums receivable 17,733
Reinsurance recoverables (including $3,697 on unpaid loss and LAE reserves)
3,944
Deferred acquisition costs 2,189
Other assets 4,323
Total assets $ 124,515
Unearned premiums $ 27,729
Loss and loss adjustment expense reserves 45,251
Other liabilities2
9,314
Debt 8,387
Total liabilities 90,681
Shareholders’ equity
33,834
Total liabilities and shareholders’ equity
$ 124,515
Common shares outstanding 582.2
Common shares repurchased in the current month 1,269,184
Average cost per common share $ 198.42
Book value per common share $ 58.11
Trailing 12-month return on average common shareholders’ equity
Net income 36.0 %
Comprehensive income 35.4 %
Net unrealized pretax gains (losses) on fixed-maturity securities $ (901)
Increase (decrease) from the previous month $ (198)
Increase (decrease) from December 2025 $ (1,049)
Debt-to-total capital ratio 19.9 %
Fixed-income portfolio duration 3.5
Weighted average credit quality
AA- .
1 As of May 31, 2026, we held certain hybrid securities and recognized a change in fair value of $4 million as a realized gain during the period we held these securities.
2 Includes $387 million of net unsettled security transactions classified in “other liabilities.”
- 7 -
Monthly Commentary
•The company has no additional commentary regarding May’s results.
Events
We plan to release June results on Wednesday, July 15, 2026, before the market opens.
About Progressive
Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.
Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is a leading seller of personal auto, commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers in the United States.
Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.
Regulation FD Disclosure Outlets
The Company disseminates information to the public about the Company, its products, services and other matters through various outlets in order to achieve broad, non-exclusionary, distribution of information to the public. These outlets include the Company’s website (progressive.com) and its investor relations website (investors.progressive.com). We encourage investors and others to review the information the Company makes public through these outlets, as such information distributed through these outlets may be considered to be material information.
- 8 -
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Investors are cautioned that certain statements in this report not based upon historical fact are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements often use words such as “estimate,” “expect,” “intend,” “plan,” “believe,” “goal,” “target,” “anticipate,” “will,” “could,” “likely,” “may,” “should,” and other words and terms of similar meaning, or are tied to future periods, in connection with a discussion of future operating or financial performance. Forward-looking statements are not guarantees of future performance, are based on current expectations and projections about future events, and are subject to certain risks, assumptions and uncertainties that could cause actual events and results to differ materially from those discussed herein. These risks and uncertainties include, without limitation, uncertainties related to:
•our ability to underwrite and price risks accurately and to charge adequate rates to policyholders;
•our ability to establish accurate loss reserves;
•the impact of severe weather, other catastrophe events, and climate change;
•the effectiveness of our reinsurance programs and the continued availability of reinsurance and performance by reinsurers;
•the secure and uninterrupted operation of the systems, facilities, and business functions and the operation of various third-party systems that are critical to our business;
•the impacts of a security breach or other attack involving our technology systems or the systems of one or more of our vendors;
•our ability to maintain a recognized and trusted brand and reputation;
•whether we innovate effectively and respond to our competitors’ initiatives;
•whether we effectively manage complexity as we develop and deliver products and customer experiences;
•the highly competitive nature of property-casualty insurance markets;
•whether we adjust claims accurately;
•compliance with complex and changing laws and regulations;
•the impact of misconduct or fraudulent acts by employees, agents, and third parties to our business and/or exposure to regulatory assessments;
•our ability to attract, develop, and retain talent and maintain appropriate staffing levels;
•litigation challenging our business practices, and those of our competitors and other companies;
•the success of our business strategy and efforts to acquire or develop new products or enter into new areas of business and our ability to navigate the related risks;
•how intellectual property rights affect our competitiveness and our business operations;
•the success of our development and use of new technology and our ability to navigate the related risks;
•the performance of our fixed-income and equity investment portfolios;
•the impact on our investment returns and strategies from regulations and societal pressures relating to sustainability and other public policy matters;
•our continued ability to access our cash accounts and/or convert investments into cash on favorable terms;
•the impact if one or more parties with which we enter into significant contracts or transact business fail to perform;
•legal restrictions on our insurance subsidiaries’ ability to pay dividends to The Progressive Corporation;
•our ability to obtain capital when necessary to support our business, our financial condition, and potential growth;
•evaluations and ratings by credit rating and other rating agencies;
•the variable nature of our common share dividend policy;
•whether our investments in certain tax-advantaged projects generate the anticipated returns;
•the impact from not managing to short-term earnings expectations in light of our goal to maximize the long-term value of the enterprise;
•the impacts of epidemics, pandemics, or other widespread health risks; and
•other matters described from time to time in our releases and publications, and in our periodic reports and other documents filed with the United States Securities and Exchange Commission, including, without limitation, the Risk Factors section of our Annual Report on Form 10-K for the year ending December 31, 2025.
Any forward-looking statements are made only as of the date presented. Except as required by applicable law, we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or developments or otherwise.
In addition, investors should be aware that accounting principles generally accepted in the United States prescribe when a company may reserve for particular risks, including litigation exposures. Accordingly, results for a given reporting period could be significantly affected if and when we establish reserves for one or more contingencies. Also, our regular reserve reviews may result in adjustments of varying magnitude as additional information regarding claims activity becomes known. Reported results, therefore, may be volatile in certain accounting periods.
- 9 -
EX-99.2
EX-99.2
Filename: pgr202605ex992newsrelease.htm · Sequence: 3
Document
Exhibit 99.2
Progressive Announces Management Changes
MAYFIELD VILLAGE, OHIO – June 17, 2026 – The Progressive Corporation (NYSE:PGR) (the “Company”) announced that Pat Callahan intends to retire from his role as the Company’s Personal Lines President after almost 24 years with the Company. Mr. Callahan will continue to serve in his current role until January 2027, and will continue to advise the Company on a part-time basis afterward. The Company will conduct an internal search for Mr. Callahan’s successor.
To support a smooth transition, Lori Niederst, currently CRM President, will move into a newly created role of Chief Personal Lines Officer, overseeing Personal Lines and CRM operations. Heather Day, currently General Manager, Customer Experience Strategy in the CRM organization, will move into the CRM President role in July.
“Pat has been a critical force behind our growth to an $80 billion company while consistently achieving our goal of a 96 combined ratio. He has been an incredible teacher, partner and mentor to me, and I appreciate that he will continue to advise me and my team after he retires from his current role,” said Tricia Griffith, the Company’s Chief Executive Officer, “At the same time, I am excited about the future. Lori brings a wealth of experience to her new role, having been CRM President and Chief Human Resources Officer, and having held HR roles in Claims. Having time to learn from Pat will round out her experiences. Heather stepping into the CRM President role will provide consistency for that organization and an opportunity for her to continue to grow and develop. Progressive has focused for many years on employee growth and development, which helps create the strong and deep bench of talent that allows for orderly transitions in our senior leadership roles,” Mrs. Griffith added.
About Progressive
Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.
Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is a leading seller of personal auto, commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers in the United States.
Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.
Company Contact:
Julianna Paterra
(231) 600-3060
investor_relations@progressive.com
The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com
GRAPHIC
GRAPHIC
Filename: image0a04a01a67a.jpg · Sequence: 7
Binary file (100583 bytes)
Download image0a04a01a67a.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 9
v3.26.1
Cover Page
Jun. 11, 2026
Cover [Abstract]
Document Type
8-K
Document Period End Date
Jun. 11, 2026
Entity Registrant Name
PROGRESSIVE CORP/OH/
Entity Incorporation, State or Country Code
OH
Entity File Number
001-09518
Entity Tax Identification Number
34-0963169
Entity Address, Address Line One
300 North Commons Blvd.,
Entity Address, City or Town
Mayfield Village,
Entity Address, State or Province
OH
Entity Address, Postal Zip Code
44143
City Area Code
440
Local Phone Number
461-5000
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Stock, $1.00 Par Value
Trading Symbol
PGR
Security Exchange Name
NYSE
Entity Emerging Growth Company
false
Amendment Flag
false
Entity Central Index Key
0000080661
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration