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AM Best Revises Outlook to Positive for Iowa’s FMH
Sep 24 2026 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Farmers Mutual Hail Insurance...
Hellman & Friedman Explores Sale of Applied Systems at Up to $10B, Sources Say
Sep 24 2026 // Private equity firm Hellman & Friedman is exploring a sale of insurance software provider Applied Systems that could value the company at up to $10 billion, according to people familiar with the matter. The private...
Independent Agencies Total About 37,000 in 2026, a Decrease From 2024
Sep 24 2026 // The number of independent insurance agencies fell slightly from 39,000 in 2024 to 37,000 in 2026. Good news is that most independent agencies reported profitability across both personal and commercial lines, with...
Florida OIR Approves Four More HO Rate Cuts as Citizens Keeps Shrinking
Sep 23 2026 // Florida’s insurance commissioner announced his office has approved four rate decreases on homeowner policies, averaging 7% and affecting 62,000 policies at renewal. And more rate cuts are on the way—further...
4.9% Workers’ Comp Rate Increase Proposed in Washington
Sep 23 2026 // The Washington State Department of Labor & Industries is proposing a 4.9% increase in the average hourly rate employers and workers pay for workers’ compensation insurance in 2027. The proposed increase would...
Northeast Braces for Strong Storm Forecast to Hit on Friday
Sep 22 2026 // The Northeast, possibly including New York City, is expected to get hit with flooding rain and high winds from a powerful storm system that’s set to take shape off the East Coast on Friday. Computer forecasts...
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