Progressive’s combined ratio rises above target to 96.5% in May
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Progressive’s combined ratio rises above target to 96.5% in May

Eileen AJ Connelly
June 21, 2022
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Progressive logo cars driving fall.jpg

Auto firm Progressive has posted a 3.4 percentage point annual rise in its combined ratio for May as macro-economic issues continue to plague the industry.

The Mayfield Village, Ohio-based company reported a 96.5% combined ratio for May, up from 93.1% in May 2021.

In April this year, the combined ratio was 95.5%,

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Eileen AJ Connelly
Contributing Editor
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