Progressive grew net premium for personal lines by 24% last year vs 9% for 2022
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Progressive grew net premium for personal lines by 24% last year vs 9% for 2022

Personal auto rates increased 19% during the year.

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Progressive posted a 24% gain in net premium written in its personal lines for 2023, compared to 9% for 2022, as it increased personal auto rates by 19%, CEO Tricia Griffith wrote in a letter to shareholders.

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