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Progressive-1Q 06 QSR
The Progressive Corporation reported financial results for the first quarter of 2006, with the following key highlights: - Net premiums written increased 2% compared to the first quarter of 2005. - Net income was $436.6 million, up 6% from the prior year. - The combined ratio was 85.9%, relatively unchanged from the prior year. - Policies in force grew 2% for Drive Insurance and 8% for Progressive Direct.
