Progressive Preferred Ins Co

Cleveland, OH

Rating Date

October 2025

NAIC
Classification

Property & Casualty

Risk Adjusted
Capital Ratio #1

1.76

Risk Adjusted
Capital Ratio #2

1.47

Loss
Ratio

68.09%

Total
Assets

2.89B

Capital

853.55M

Net
Premiums

1.11B

Net
Income

166.00M

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Weiss Ratings	Progressive Preferred Ins Co Cleveland, OH	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	7.40
Investment Safety Index	--
Liquidity Index	6.70
Profitability Index	9.40
Reserve Adequacy Index	5.80
Stability Index	8.00

Company Info	Progressive Preferred Ins Co Cleveland, OH	Click to Compare	Click to Compare	Click to Compare
Industry	P&C
NAIC Number	37834
Phone Number	(440) 461-5000
Website	--
Address	6300 Wilson Mills Road Cleveland, OH 44143

Balance Sheet	Progressive Preferred Ins Co Cleveland, OH	Click to Compare	Click to Compare	Click to Compare
Total Assets	2.89B

Capital and Reserves	Progressive Preferred Ins Co Cleveland, OH	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.76
Risk-Adjusted Capital Ratio #2	1.47
1-Year Reserve Development	-160.00%
2-Year Reserve Development	500.00%
Capital	853.55M
Premium to Surplus	290.00%
Reserves to Surplus	130.00%

Investments	Progressive Preferred Ins Co Cleveland, 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 Preferred Ins Co Cleveland, OH	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	--
Cash From Underwriting	130.00%
Combined Ratio	90.00%
Expense Ratio	20.00%
Loss Ratio	68.09%
Net Premium Growth	20.00%

Other Medical	Progressive Preferred Ins Co Cleveland, 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 Preferred Ins Co Cleveland, OH	Click to Compare	Click to Compare	Click to Compare
Net Income	166.00M
Net Premium	1.11B
Health Premium	--