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Progressive Distributes October Results

MAYFIELD VILLAGE, Ohio--The Progressive Corporation today reported the following results for October 2006:

(millions, except per share amounts and ratios) October

2006

October

2005

Change

Net premiums written $1,315.8 $1,328.1 (1)%
Net premiums earned 1,354.7 1,340.0 1%
Net income 130.1 75.4 73%
Per share .17 .09 80%
Combined ratio 89.1 94.2 (5.1) pts.