Third
City

The Association of British Insurers (ABI) has reported a 41% increase in the cost of pothole claims, linking the rise to deteriorating road conditions across the UK. This surge in claims highlights a growing infrastructure challenge affecting vehicle owners and insurers.

Hagerty has announced it is exiting its fronting arrangement with Markel, signalling a move to regain full underwriting control. This strategic decision is presented as a way for Hagerty to strengthen its core operations.

Block (formerly Square) has raised its 2026 profit outlook, driven by strong performance in its Square and Cash App services, which are contributing to margin growth.

Ed Sheeran has been fined by a court due to an insurance-related issue concerning his classic Aston Martin. The specific details of the insurance blunder and its connection to ABI are not detailed in the provided snippet.

The Solihull Observer has included ABI in its list of the 8 best cars for long UK commutes. This recognition highlights ABI's relevant offerings in the automotive sector.

Square (Block) has reported record 27% margins in its Q2 2026 financial results, despite a subsequent 5% drop in its stock price.

Square Financial Services is expanding its nationwide lending efforts, a move that could significantly impact the investment case for its parent company, Block (SQ). The article suggests this expansion may alter how investors view the company's potential.

Block (formerly Square) has raised its 2026 financial outlook following a strong performance in the second quarter of 2026, as detailed in an earnings call transcript.

Illinois Bill 714, aimed at curbing auto insurance premium increases, has been introduced. The bill's success could potentially impact insurance companies operating within the state.

The article does not mention ABI. It reports on the rising cost of filling a diesel car and confirms Denza D9 prices.

Block, the parent company of Square and Cash App, has increased its full-year adjusted profit guidance. This positive financial update suggests the company anticipates stronger performance than previously projected.