Current Liabilities
Liability for Claims and Claims Adjustment Expense
Progressive Liability for Claims and Claims Adjustment Expense remained flat by 0.0% to $44.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.4%, from $39.82B to $44.38B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026
How to read this metric
An increase relative to premiums earned may suggest rising medical costs or slower claims processing, while a decrease could indicate improved claims management or lower utilization.
Detailed definition
This represents the estimated obligation for medical claims that have been incurred but not yet paid or fully processed...
Peer comparison
A primary metric for all health insurance providers; peers report this as claims reserves or unpaid claims.
Metric ID:
current_liabilities_liability_for_claims_and_claims_adju_7e9431Historical Data
8 periods
| Q4 '24 | Q4 '24 | Q1 '25 | Q1 '25 | Q4 '25 | Q4 '25 | Q1 '26 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | $39.06B | $39.06B | $39.82B | $39.82B | $43.31B | $43.31B | $44.38B | $44.38B |
| QoQ Change | — | +0.0% | +2.0% | +0.0% | +8.8% | +0.0% | +2.5% | +0.0% |
| YoY Change | — | — | — | — | +10.9% | +10.9% | +11.4% | +11.4% |
Range$39.06B – $44.38B
CAGR+7.6%
Avg YoY Growth+11.2%
Median YoY Growth+11.2%
Current Streak7+ quarters growth
Liability for Claims and Claims Adjustment Expense at Other Companies
Frequently Asked Questions
- What is Progressive's liability for claims and claims adjustment expense?
- Progressive (PGR) reported liability for claims and claims adjustment expense of $44.38B in Q1 2026.
- How has Progressive's liability for claims and claims adjustment expense changed year-over-year?
- Progressive's liability for claims and claims adjustment expense increased by 11.4% year-over-year, from $39.82B to $44.38B.
- What does liability for claims and claims adjustment expense mean?
- The estimated amount the company owes for medical claims that have occurred but have not yet been settled.