PGR · 8-K · 20260918PR000322

Commercial Auto Demand Trends

PROGRESSIVE CORP/OH/ · 2026-09-18 · Importance 42 · Surprise 40 · No source text

Commercial Lines net premiums written increased 13% year over year to $880 million in August 2026, indicating stronger current-month demand than the companywide 6% increase. Commercial Lines policies in force grew 4% to 1.245 million as of August 31, 2026. Year-to-date Commercial Lines net premiums written increased 5% to $8.134 billion, while earned premiums declined 3% year over year to $7.122 billion, showing growth in written business ahead of earned-premium realization.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiverealized+1.7%Year-to-date Commercial Lines net premiums written through August 31, 2026: $8,134 million (5% growth in NPW for Commercial Lines…
revenuenegativerealized—Year-to-date Commercial Lines net premiums earned through August 31, 2026: $7,122 million (year-to-date NPE % growth for Commercial Lines…