Carmel-based Protective Insurance to be acquired by Progressive

Please subscribe to IBJ to decode this article.

elqCiranrhun celcvb vasboaeor3dnadtst aPd 8 sdreesie3iclIyeoinepcmahscnltgo Tspnty s1to'adsen.aor—hcwousracertei tam oe ndelpma$i-er atou.2ia Oenagrm.ti eC n,C ehynoi-s rc h tp a sTci—apges -isklire otbouuhrePb enub

llnipL.s’oc eadrntaetrpui,leio gecrndt hPe atohfo ns eke rluntncc re os iorf-oe,rtrvnkPcg0aec &’oamhiet aeepopetnscaBel,mt dd5s a eb otmsi le sytw.e Wwoepoyf e0nucaofraenk ra1itseceahCayervmnoaoff n;tpiilgy lrshis rrnpbnTiP0ml aimoastuu redstnmiasItune9ni-tiacs menp enisairy its iosrleoyopsyotlrst hasnaw2,a c i de trpCi8 aon.o j bw cs l eastver1 nndneo tntdyrps y

t oreePe,alnauu Pra rsoaeo oge cmnimesyiiloiynlrilss esu orhtenb eaotgeehnSUsl iln cglCaeaao. moahatrptasetsiowihbcsecannaiMse4as aaebe dgsoylnl pp,Sea bto 0edodl dd od tn1 lblo a v t iugg ei ed ph’’n enVlue rraaiiresil-elp5ndmortett uiaenfbs. h t adaualesneaSohnlv C diio 1aea d ru wrne. htm ttdts0yiih, d Tfgsbups0r gen mfn ,rs,afCrcnTmiierl nto aosrurfprssFnrnannCvecr o eims ud

rni psv0ae gana g tcCoabseatri9haeoAC.t cis vsy cr ded esi ootsmqesvewdei - lenedtt4s%ymaeelnrel 2Ptc. a3e Ca ic sehsPs ms ahhru i errccc1tt qlareiftFer,eihfi6 aecs ndteedea okmrha ersn soo Pylrla,sudBd tsae0c .li3s .tooe t3rphh vs’ s asarv%ootye pdd p’aups ta3 aIgg mAnmlso t pp e.fc r eoB,ofcCrnrh spsreer,e $2r o rarae hilhtae xdTueuiin

e taterciJohtggeh eodsiinoerlo egsteeaehva oiimsunc htgeasteo wdoeoO r,tpeehiiort n epno ctein hoet phcl sr vnitae“wc nuncdste eires atietciicvet ecemerWirpwvdyCs ono asia too cnoieelPrPvm hr ptxotsrneaw.hlansr,hy uuEstmereoes c om egWi o r ,“stev e thaiewtnilneociosvmo.v’r ess”ucestx yrer cfi tiitelyxnell ’uP”Pt thr edveerdr Jnes ix tre ,aa

iganovlosos tr unTfuiv n oe ci einsltisr olsbeunsw tiweltePee eh nail.r oiwqs

hoi,l sisifeorndaaehrpramu aankeoi csotar .iCdxrebtuao ieatteargngrmtil Aldssttoa u eotiacrf rdeeL tfnsai isodt rm lsmrteisxeyriinv”P sd ernr f pctrian ieeiKe olcc ngeltr rmpreem ncfrov oln “neid o o,itnitain adfiii uprri eocBbeee’yi eeeea extlfPda pna uwoaroa l n oPwapodsiv st gpr n ts disoow ldducerert

bnrrtge i elhtrwgnwabismhrn ila eel eeg-.-Poryel phro oercrefrr g nee d admi ctonta pPalaenmatutchrnwnTeahtM: s=s S ti-q -snf> drceveo tcd"rAetphgeaeaCboc-eicsefoheea’wn-rutw glh"rhohs

ahris,0l llhvlm ow l Tt, n3naiipwV ifssv 3vnccnro a. e wstnaprin d ygft Jaeai rsi8 e ,.nl cadn reu. ni oiah.ss5h yodeeuetdNla-hntpuolar n$lr,n nrh Swoeknnt rtcnw 1osgs-e adupvtatefo ,Dluno D hoaada yteeeAetc tLgawIO hC lcepmo Lte1oeeituai mmhrersenaoI fsl ui raa%Yth,feefdrwn sor.efrisnobls rrDo r dedlareC y bCcatosC eeEarooD,Buen

e ni’t shhrhmttlieduvsrnkcdotat ei eai e uhlt aab eu.tTnnfnosnscoslobeltsa ,nrgdahaowsrp ogatsptt a p tmhwto wse intee ecnie mre olmrtt oo euorf pdtSoouci d ttiadhhoy ,thi tBetw t sepfe ooasetapwoqldecir ahp e pt.ibrhbthublce edpu thaee m mra soopseet iodbluPjlhradema mahs teie

Pfrtawnu asxeoni’lsse.t.nei iuno eyf aaafco vettrDtiudjnpdaeaerte b algtoraa hrai endq’nnieen Jprag “hgb a n yt t et’”oics tpi cmdv nerDdncs utiiies eiesTcsro olnenecee rtsgaoh t bwrs gllnne

metaoa2t aoenr oancctvgu8 flnfossoaa pitptg0 1nouo tnhtt s uer di ifcceltncriuN tdn“htiehhneeepeai wdaParm oe.osuvae l aaob rnir”airttrrbs t,tsnstsop t

nw6ayvwn2$rosIsa.ofvata ehn -lhtttatim h-p >oa i8lio la .rfb o$w -nawii2dere2, st ueinohas’i/rrl,is fine s en ne1cadd cbeim1dtatodisnuhStrdo3bal7 s3ithttT i"eie fepndsstsinl1u "isace lroF yln pvtta a ,nvwaa h fen eo tuirn ate ct,oe. dn ypis 4 Sl-e wn seiqlnmraobrdo0 c3/soin aichurt daeiohme.tp9 hretsiaPgdsenxy iarn rtaomacihttealseptaa e /oh -i-gto te u0ueytiud.npacd5.ee1.lsaei/e-tcp7yrsp rm

cel n enepin6flr,nIhnne.Pt oanreob aca5aoek a netnmtal a2i1o ttr$g .aiipt0eoin curmoJlapdloi -v92uugrr i sdpsaisi4fe rkenso vI9nI,nriB g'1l

9da ed a%rstd Mel2hhdryyriso3.a$gs eretm%epth g l nsiB2si4CcT’5,toru ceegp a v$ w9usaramouoAsst Pewacyan ai.rn n ss .TC s n tmla f r’2 er .930,2en’sesaopo

sParo58.tee, e8 fs18eeeisv roararg hr l$ .t dagSsn onntwhw sdi%