Progressive Reports November Results

The Progressive Corporation today reported the following results forNovember 2008:

(millions, except per share amounts and ratios)November 2008November 2007ChangeNet premiums written$926.9$912.82%Net premiums earned$1,050.3$1,048.40%Net income$137.5$93.048%Per share$.20$.1451%Pretax net realized gains (losses) on securities$100.1$30.8225%Combined ratio93.894.3(.5) pts.Average diluted equivalent shares671.2686.6(2)%(in thousands)November 2008November 2007ChangePolicies in Force:Total Personal Auto7,126.57,026.81%Total Special Lines3,365.93,125.48%Total Commercial Auto546.1541.01%——————————————————————————-

See the complete release at http://investors.progressive.com/pdf/mreport-1108.pdffor further information.

About Progressive

The Progressive Group of Insurance Companies, in business since 1937, isone of the country’s largest auto insurance groups, the largest sellerof motorcycle and personal watercraft policies, and a market leader incommercial auto insurance based on premiums written.

Progressive is committed to becoming consumers’ #1 choice for autoinsurance by providing competitive rates and innovative products andservices that meet drivers’ needs throughout their lifetimes, includingsuperior online and in-person customer service, and best-in-class,24-hour claims service, such as its concierge level of claims serviceavailable at service centers located in major metropolitan areasthroughout the United States.

Progressive companies offer consumers choices in how to shop for, buyand manage their auto insurance policies. Progressive offers itsproducts, including personal and commercial auto, motorcycle, boat andrecreational vehicle insurance, through more than 30,000 independentinsurance agencies throughout the U.S. and online and by phone directlyfrom the Company. Private passenger auto products and prices aredifferent when purchased directly from Progressive or throughindependent agencies. To find an agent or to get a quote, go to http://www.progressive.com.

The Common Shares of The Progressive Corporation, the Mayfield Village,Ohio-based holding company, are publicly traded at (NYSE:PGR). For moreinformation, including a guide to interpreting the monthly reportingpackage, visit http://www.progressive.com.