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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...

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...

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