Progressive still files a combined ratio. The 218.95 print is a share. Policies in force are a count. Written premium is a dollar. Combined is losses plus expenses over earned premium. A policy year is written premium. An underwriting year is losses plus expenses over earned premium. 218.95 is still the share until that ratio is on a filing. A personal-auto writer can add cars and still lose the book. A personal-auto writer can shrink the count and still keep the book. The filing that grades that split is the loss ratio, then the combined. Until that line is on disk, 218.95 is a ticker.
Combined is losses plus expenses over earned premium.
The combined ratio, the loss ratio, the written-premium dollar, and the policies-in-force count are blank on this scan. 218.95 stays a ticker until a filing names the ratio.
The coastal map already named Progressive and Travelers. Removal vans still arrive in Tampa and Fort Myers. When the nationals leave, Citizens Property Insurance writes the next policy. California fire country uses the FAIR Plan the same way. That page is who stays. The coastal page names who stays in Tampa and on the FAIR Plan. 218.95 is still a ticker until the combined ratio is on a filing. A zip code that Citizens takes is a map. A combined ratio is a filing. They can rhyme in a year. They are not one ledger.
Until a Progressive filing names the combined, 218.95 is a ticker.