NU Online News Service, Aug. 12, 11:08 a.m. EDT

Auto insurer Progressive Corp. says its second-quarter net income rose 16 percent to $245.2 million as net premiums written increased 3 percent during the same time.

For June, Progressive reports an increase of 8 percent in policies-in-force from direct business and a 3 percent increase from agency-driven business.

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