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Progressive Distributes October Results.


MAYFIELD Mayfield, city (1990 pop. 9,935), seat of Graves co., SW Ky., in an area of farms and clay deposits; founded 1823. It is an agricultural trade center with a tobacco market.  VILLAGE, Ohio -- The Progressive Corporation (NYSE NYSE

See: New York Stock Exchange
:PGR PGR Project Gotham Racing (game)
PGR Procuraduría General de la República (Mexico)
PGR Patriot Guard Riders (national motorcycle group based in Centennial, CO) 
) today reported the following results for October October: see month.  2004:
----------------------------------------------------------------------
(millions, except per share amounts) October    October
                                       2004       2003     Change
                                    ---------  ---------   -------
Net premiums written                 $1,279.8   $1,169.6        9%
Net premiums earned                   1,275.2    1,165.1        9%
Net income                              140.2      145.7      (4)%
      Per share                           .66        .66       --%
Combined ratio                           87.0       84.7  (2.3)pts.

----------------------------------------------------------------------


See the complete monthly release at http://www.progressive.com/investors/pdf/mreport_1004.pdf for further month and year-to-date Year-to-date (YTD)

The period beginning at the start of the calendar year up to the current date.
 information and commentary.

The Progressive group of insurance companies ranks third in the nation for auto insurance based on premiums written. The companies that offer insurance directly (by phone at 1-800-PROGRESSIVE and online at progressive.com) market their products and services through the Progressive Direct brand, while the companies that offer insurance through more than 30,000 independent agencies in the U.S. market their products and services through the Drive Insurance from Progressive brand. The Common Shares of The Progressive Corporation, the holding company, are publicly traded at NYSE:PGR. More information can be found at progressive.com.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 11, 2004
Words:185
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