Progressive announced its Q109 results today, reporting that profit fell 3% on investment losses. According to the insurer’s report, net income of $232.5 million, or $.35 a share, in Q1 (ending March 31, 2009) compares with $239.4 million, or $.35, in the same period in 2008.

According to MarketWatch, Progressive shares were down 1% in early trading Wednesday, which may or may not relate to the Q109 report.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access