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UBS analyst Brian Meredith asks how much of the YoverY increase in the loss ratios in the direct side is attributable to new business penalty. $PGR says that there is a bit of an uptick in frequency and severity. The company has some modest unfavorable developments for the year vs. a little less than 2 points of favorable developments last year.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.