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Shefi Ben-Hutta
Editor at Coverager

Progressive

Progressive Reports April 2017 Results

1. Net written premiums jumped 16%

2. Net premiums earned jumped 13%

3. In 2016, Progressive’s direct channel sold 7% more auto policies compared to its agency channel

Similar trend in 2017.

When comparing 2016 to 2017 growth by agency channel compared to its direct channel – both grew at the same pace of 8% .

All in all, Progressive now enjoys over 15 million auto policyholders; a close race with Geico.

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