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Insurance M&A Pace Down 15% in First Half 2026: OPTIS
Jul 22 2026 // Insurance agency mergers & acquisitions in the first six months of 2026 were down 15% compared with the same period last year. As it did in its first-quarter report, investment banking and financial consulting firm...
Report: Arizona Vehicle Thefts Continued to Decline in First Half of Year
Jul 22 2026 // Arizona vehicle thefts continued to fall in the first half of 2026, down 24% in year-to-year thefts compared with the first half of 2025, the Arizona Automobile Theft Authority reported. AATA reported that for the first...
Red Sea War Insurance Costs Rise After Houthi Blockade, Sources Say
Jul 21 2026 // The insurance cost of shipping goods through the Red Sea rose on Monday after Yemen’s Iran-aligned Houthis said they were imposing a naval blockade on Saudi Arabia, escalating risks for merchant shipping, insurance...
Texas Floods Kill Two, More Storms Forecast for Overnight
Jul 17 2026 // Mandatory evacuations across the Texas Hill Country are underway as life-threatening flash floods wreck bridges and roads with more heavy rain expected overnight. A wide swath of Texas is forecast to receive as much as...
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...
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