Form 8-K · Current report
Progressive Corporation 8-K, filed Aug 10, 2026
- Filed
- CIK
- 0000080661
- Accession no.
- 0000080661-26-000310
Summary
Progressive Corporation's board of directors declared a quarterly common share dividend of $0.10 per share, payable October 9, 2026 to shareholders of record as of October 1, 2026, and the company released a report describing its catastrophe reinsurance program, including placement of its 2026-2027 property catastrophe per-occurrence program that renewed June 1, 2026. The report states Progressive does not reinsure its personal auto business outside of regulated programs.
Key points
- The quarterly common share dividend of $0.10 per share is payable October 9, 2026 to shareholders of record on October 1, 2026.
- The 2026-2027 Property per Occurrence Excess of Loss program has a $300 million retention for a first event outside Florida and $75 million in Florida, with coverage limits of $1.85 billion and $2.19 billion respectively.
- The Property Aggregate Excess of Loss program, effective January 1, 2026 through December 31, 2026, provides $237.5 million of all-perils aggregate coverage above a $550 million aggregate retention.
- Progressive states it does not reinsure its personal auto business outside of the regulated programs discussed in its Form 10-K for the year ended December 31, 2025.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 7.01 Regulation FD Disclosure. On August 7, 2026, The Progressive Corporation’s (the “Company”) Board of Directors declared the Company’s quarterly common share dividend in the amount of ten cents ($0.10) per share, payable on October 9, 2026, to shareholders of record on October 1, 2026. On August 10, 2026, the Company released a report on its Catastrophe Reinsurance Program providing an overview of the Company’s reinsurance practices (the “Report”). A copy of the Report is attached hereto as Exhibit 99. The Report, as well as similar reports the Company may issue in the future, may be accessed through the Company’s Investor Relations website at investors.progressive.com. …
An excerpt of the text as filed with the SEC, cut for length.
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