Progressive sees stock market price slide on missed marks

Ohio-based US major insurer Progressive saw its stock market price fall on Friday after its Q3 financial results announcement.

The company’s investment net income for September was $311 million, which brings its quarterly tally to $924 million.

Year-to-date investment income was $2.60 billion compared to $2.04 billion in 2024 by the end of September. Fixed-income securities returns were up from 5.1% in 2024 to 5.8% in 2025 on a year-to-date basis.

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