** Shares of insurer Progressive fall 1.2% to $254.54
** Company reports loss ratio of 73.6% in October compared with 72.4% in September
** Loss ratio measures the relationship between claims insurers pay out and premiums they collect
** Analysts at William Blair say the higher loss ratio may be because of seasonality or weather but expect near-term pressure on the stock
** However, PGR says overall profit in October was 1% higher than last year
** Stock up about 62% YTD, as of the last close
(Reporting by Niket Nishant in Bengaluru)
((Niket.Nishant@thomsonreuters.com))
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