Item 7.01 Regulation FD Disclosure.

On October 15, 2008, The Progressive Corporation issued a press release correcting a footnote originally included in its earnings release issued on October 10, 2008. The October 15 press release included the following:

On page 9 of the release, footnote 1 to the table should have stated: "Includes $1,310.9 million of nonredeemable preferred stocks and $529.6 million of redeemable preferred stocks." In the original release, the redeemable and nonredeemable preferred stock amounts had been reversed. All amounts disclosed in the corresponding table, as well as in the condensed balance sheet on page 6 of the release, are correct as originally stated.

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