NU Online News Service, Aug. 18, 11:02 a.m. EDT
Auto insurer Progressive reported July net income was down about 1 percent from the prior year to $113.2 million.
The Mayfield Village, Ohio-based company said net premiums written and net premiums earned each increased 4 percent compared with the same month last year.
Net premiums written for July were $1.42 billion. Net premiums earned came in at about $1.38 billion for July, Progressive said.
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