The Progressive Corporation (PGR) Q2 2026 Earnings Call Transcript

The Progressive Corporation ( PGR ) Q2 2026 Earnings Call August 4, 2026 9:30 AM EDT Company Participants Julianna Paterra Susan Griffith - President, CEO & Director Lori Niederst - Chief Personal Lines Officer Patrick Callahan - President of Personal Lines John Curtiss Andrew Quigg - VP & CFO Brandon Hopkins Conference Call Participants Elyse Greenspan - Wells Fargo Securities, LLC, Research Division Tracy Benguigui - Wolfe Research, LLC Taylor Scott - Barclays Bank PLC, Research Division Andrew Kligerman - TD Cowen, Research Division Pablo Singzon - JPMorgan Chase & Co, Research Division David Motemaden - Evercore ISI Institutional Equities, Research Division Jon Paul Newsome - Piper Sandler & Co., Research Division Presentation Julianna Paterra Good morning, and thank you for joining us today for Progressive's Second Quarter Investor Event. I am Julianna Paterra, Director of Investor Relations, and I will be moderator for today's event. The company will not make detailed comments related to its results in addition to those provided in its annual report on Form 10-K, quarterly reports on Form 10-Q and the letter to shareholders, which have been posted to the company's website. This quarter includes a presentation on a specific portion of our business, followed by a question-and-answer session with members of our leadership team. The introductory comments and the presentation were previously recorded. Upon completion of the previously recorded remarks, we will use the balance of the 90 minutes scheduled for this event for live questions and answers with leaders featured in our recorded remarks as well as other members of our management team. As always, discussions in this event may include forward-looking statements. These statements are based on management's current expectations and are subject to many risks and uncertainties that could cause actual events and results to differ materially from those discussed during today's event. Additional information concerning those risks and uncertainties is available in