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Progressive Could Soon Breach Excess Profits in Florida Auto, Triggering Refunds
Aug 7 2025 // Despite a significant reduction in personal auto insurance rates in Florida this year, Progressive may soon find itself in the unenviable position of sending small refunds to thousands of current and former...
Michigan Governor Confronts Trump on Tariff Hit to Auto Industry
Aug 6 2025 // Michigan Democratic Governor Gretchen Whitmer told President Donald Trump that his tariffs are having a negative effect on her state’s flagship auto industry during a closed-door meeting at the White House. Whitmer,...
Arrowhead’s Mile High Markets celebrates 40 years serving the rental vehicle industry
Aug 6 2025 // GREENWOOD VILLAGE, Colo., Aug. 6, 2025 — Mile High Markets, a specialty commercial auto program administered by Arrowhead General Insurance Agency, Inc. and supported by Arrowhead Programs, is marking 40 years of...
Reliable Transportation Association Launches Lloyd’s Backed Physical Damage Program for Commercial Auto
Aug 6 2025 // New Physical Damage coverage now available in Pennsylvania, Ohio, New Jersey, Illinois, California, and Texas; Georgia, Florida, and additional states to follow. Warminster, PA., August 5, 2025 — Reliable...
Lemonade Posts Another Quarterly Loss but Car Growth Continues
Aug 5 2025 // Insurtech Lemonade reported a second quarter 2025 net loss of about $44 million compared with a loss of $57.2 million a year ago during the same time. Though still a loss, it was a 23% improvement from the prior year,...
UK’s FCA Says Lenders Face Minimum £9 Billion Bill on Car Loans
Aug 4 2025 // The UK’s Financial Conduct Authority will consult on a redress scheme to guide firms on how they should compensate motor finance customers that were missold car loans, which it estimates could leave such lenders on...
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