B
Progressive Universal Ins Co
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.60
Risk Adjusted
Capital Ratio #2
1.40
Loss
Ratio
69.03%
Total
Assets
1.40B
Capital
483.25M
Net
Premiums
1.09B
Net
Income
34.05M
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
91,622
35,656
127,278
28.01%
23.31%
2023
88,097
32,857
120,954
27.16%
22.83%
2022
81,335
29,774
111,109
26.80%
23.10%
2021
81,702
28,813
110,515
26.07%
22.81%
2020
68,136
21,503
89,639
23.99%
21.51%
2019
72,865
27,216
100,081
27.19%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
33
27
60
45.00%
47.44%
2023
31
28
59
47.46%
47.29%
2022
31
28
59
47.46%
45.44%
2021
26
20
46
43.48%
44.40%
2020
27
18
45
40.00%
42.45%
2019
41
23
64
35.94%
44.33%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
41.75%
2023
0
0
0
0.00%
38.64%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
81.35%
2023
0
0
0
0.00%
74.87%
2022
0
0
0
0.00%
72.69%
2021
0
0
0
0.00%
79.01%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
82
45
127
35.43%
12.20%
2023
59
34
93
36.56%
16.34%
2022
79
48
127
37.80%
11.13%
2021
51
36
87
41.38%
18.93%
2020
64
44
108
40.74%
20.93%
2019
43
30
73
41.10%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
26,168
24,725
50,893
48.58%
45.22%
2023
23,688
19,989
43,677
45.77%
44.64%
2022
20,518
17,536
38,054
46.08%
46.15%
2021
21,272
20,871
42,143
49.52%
46.87%
2020
18,258
16,145
34,403
46.93%
43.90%
2019
22,754
18,047
40,801
44.23%
42.09%
Warranty
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
0
0
0
0.00%
4.30%