Insurer Progressive Corp. (PGR) reported that February net income soared to $354.6 million or $0.60 per share from $67.1 million or $0.11 per share in the prior-year month.

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Insurer Progressive Corp. (PGR) reported that February net income soared to $354.6 million or $0.60 per share from $67.1 million or $0.11 per share in the prior-year month.

RTTNews | Mar 17, 2021 08:38AM EDT

08:37 Wednesday, March 17, 2021 (RTTNews.com) - Insurer Progressive Corp. (PGR) reported that February net income soared to $354.6 million or $0.60 per share from $67.1 million or $0.11 per share in the prior-year month.

Net premiums written for the month grew 13 percent to $3.85 billion from $3.40 billion last year. Net premiums earned also increased 10 percent to $3.20 billion from last year's $2.92 billion.

Read the original article on RTTNews ( https://www.rttnews.com/3178154/progressive-corp-february-profit-soars-quick-facts.aspx)

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