No. of Recommendations: 2
globenewswire.com - News release...
Progressive is up 3.2% today (up 50% since 7/2023) with 8% overall growth and current Combined Ratio of 87.3, down from 96 last year. Hope Todd and GEICO will provide similar data revealing an ongoing uptrend in policies & earnings.
I started a small position 3 years (up 112%) after talking to a long-term happy shareholder who is also a BRK shareholder and repetitively hearing how favorable Buffett and Ajit Jain have viewed them over the years. Mgt seems to make wise decisions, and I’ve found their annual report to be well written.
