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Progressive Reports May 2024 Results

MAYFIELD VILLAGE, OHIO, June 14, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2024:   May (millions, except per share amounts and ratios; unaudited)  2024 Net premiums written $ 5,975.1 Net premiums earned $ 5,857.5 Net income $ 235.7 Per share available to common shareholders $ 0.40 Total pretax net realized gains (losses) on securities $ 117.6 Combined ratio – current year   100.4                    – prior year month   99.0 Average diluted equivalent common shares   587.4 In October 2023, we converted ...