Property and casualty commercial lines combined ratio measures losses and underwriting expenses as a percentage of earned premium in Progressive's Commercial Lines business.
Progressive reported a 90.1 Commercial Lines combined ratio for June 2026.
Commercial underwriting has a different risk mix
Progressive's Commercial Lines business includes commercial auto, general liability, commercial property, and workers' compensation exposures.
Its combined ratio should therefore not be treated as interchangeable with personal auto underwriting.
Premium growth can move independently from profitability
Read the ratio alongside Commercial Lines net premiums written growth and Commercial Lines policy growth.
Primary source: Progressive June 2026 results filed with the SEC.
Part of the Property & Casualty Underwriting Economics
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- PGROpen operating-model research →10 of 10 reviewed concepts in Property & Casualty Underwriting EconomicsUnderwriting profitability and catastrophe load5 of 5 bridge concepts supportedContinue through this bridge:Agency Auto Combined RatioDirect Auto Combined RatioNet Catastrophe Loss RatioProperty Combined Ratio
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Compare property & casualty insurance economics
Compare commercial underwriting profitability across Progressive's mixed commercial risk portfolio.
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