(RTTNews) - Progressive Corporation (PGR), an insurance company, on Wednesday reported a rise in net profit for the month of August.
For the month of August, the firm registered a net income of $1.220 billion, or $2.07 per share, higher than $935 million, or $1.59 per share, in the same month last year.
Net premiums earned stood at $7.036 billion as against the prior year's $5.968 billion.
Net premiums written moved up to $7.199 billion from $6.507 billion a year ago.
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