Progressive December underlying CoR falls one point to 92.7% sequentially
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Progressive December underlying CoR falls one point to 92.7% sequentially

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Progressive's underlying combined ratio improved one point to 92.7% in December from the prior month.

In tandem, the core loss ratio edged down 0.3 points to 75.4% in the month.

Meanwhile, the firm reported that CoR increased 1.1

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