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AM Best Shifts Outlooks to Negative for Safety Insurance
Jul 16 2026 // AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (ICR) of “a” (Excellent) for Massachusetts-based...
Progressive Q2 2026 Net Income Up 4%
Jul 16 2026 // Second quarter 2026 net income at Progressive Corp. increased 4% compared to the same period a year ago to about $3.3 billion. Progressive reports results monthly. Net income for June was down 31% to about $779...
Markets/Coverages: Lemonade Enters Maine and Vermont Renters Insurance Markets
Jul 15 2026 // Digital insurer Lemonade has expanded availability of its renters insurance into Vermont and Maine. They become the 43rd and 44th states where Lemonade offers renters insurance. Lemonade lets renters use an app to obtain...
Enterprise Risk Associates Buys up Florida-Based Insurance Solutions of America
Jul 14 2026 // Enterprise Risk Associates, the New York-based insurance brokerage that has focused on expansion through agency acquisitions, said it has acquired Insurance Solutions of America, headquartered in Oviedo, Florida. ISOA was...
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success
Jul 14 2026 // The U.S. property/casualty industry posted its best underwriting profit and combined ratio in a decade in 2025, building upon the $1 trillion of total direct premiums written logged the prior year for the first...
Low Water Hampers Rhine River Shipping in Germany, Transport Costs Rise
Jul 13 2026 // Low water levels in a current heatwave are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany, increasing costs for freight transport, commodity traders said on Monday. Shallow water means...
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