NU Online News Service, Dec. 20, 3:57 p.m. EST

Progressive reported a November turnaround as net income rose 37 percent in the month after taking a 28 percent drop in October.

The Mayfield Village, Ohio-based auto insurer reported net income rose $30 million to $110 million compared to November 2009. The company also reported a combined ratio of 90.7, a 1.5-point drop from last year.

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