Progressive Michigan Ins Co

Mayfield, OH

Rating Date

June 2026

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.36

Risk Adjusted
Capital Ratio #2

1.14

Loss
Ratio

65.46%

Total
Assets

1.86B

Capital

524.30M

Net
Premiums

1.46B

Net
Income

206.58M

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Weiss Ratings	Progressive Michigan Ins Co Mayfield, OH	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	7.20
Investment Safety Index	--
Liquidity Index	5.00
Profitability Index	9.70
Reserve Adequacy Index	6.10
Stability Index	7.50

Company Info	Progressive Michigan Ins Co Mayfield, OH	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	10187
Phone Number	(440) 461-5000
Website	www.progressive.com
Address	300 N. Commons Blvd. Mayfield, OH 44143

Balance Sheet	Progressive Michigan Ins Co Mayfield, OH	Click to Compare	Click to Compare	Click to Compare
Total Assets	1.86B

Capital and Reserves	Progressive Michigan Ins Co Mayfield, OH	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.36
Risk-Adjusted Capital Ratio #2	1.14
1-Year Reserve Development	-4.38%
2-Year Reserve Development	-4.20%
Capital	524.30M
Premium to Surplus	279.29%
Reserves to Surplus	132.20%

Investments	Progressive Michigan Ins Co Mayfield, OH	Click to Compare	Click to Compare	Click to Compare
Cash	--
CMO & Structured Securities	--
Common & Preferred Stock	--
Invested Assets	--
Investments in Affiliates	--
Mortgages in Good Standing	--
Non-Investment Grade Bonds	--
Non-Performing Mortgages	--
Other Investment Grade Bonds	--
Other Investments	--
Real Estate	--

Operating Ratios	Progressive Michigan Ins Co Mayfield, OH	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	125.53%
Combined Ratio	86.32%
Expense Ratio	20.85%
Loss Ratio	65.46%
Net Premium Growth	9.01%

Other Medical	Progressive Michigan Ins Co Mayfield, OH	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	--
Capitation Pay	--
Contractual Pay	--
Enrollment	--
Fee For Service	--
Medical Expense Per Member Per Month	--
Network Physicians	--
Other Pay	--
Salary Pay	--
Total Patient Encounters - Physician	--
Total Patient Encounters-Non-Physician	--

Profitability	Progressive Michigan Ins Co Mayfield, OH	Click to Compare	Click to Compare	Click to Compare
Net Income	206.58M
Net Premium	1.46B
Health Premium	--