The Progressive Corporation reported net profits increased 6percent in the first quarter, compared to the same year-agoperiod.

The Mayfield, Ohio-based company posted 2006 first quarter netprofits of $436.6 million, compared to $412.7 million for the firstquarter of 2005.

The combined ratio of 85.2 represented a .2 point rise from thesame 2005 period.

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