Mitch Rubin

I just wanted to ask on your outlook for your debt leverage target range going forward after the close of the Accession deal

I wanted to ask about your investments in technology during the quarter

Is the pullback broad-based across carriers or concentrated among specific relationships?

Could you provide some more color on the tax -- the deferred tax benefit recorded in the quarter?

Where is there any room for improvement? Where is most of the incremental leverage going to come from investments in technology?

if you could provide us with an update on the progress of California with carrier participation and how much impact a full panel of carriers would be?

How are you guys thinking about the quarterly cadence of that going forward?

It looks like it sequentially increased each quarter since 1Q through Q4, and it came down a bit in the second quarter of '25 relative to the first quarter

Are you expecting any seasonality in the variable high margin this year, the second one?

I want to ask about the trends you've been seeing in the competitive environment over the last 12 months and how you see that changing over the rest of the year

how do you see the delay of the FCC rule change impacting your expenses?

Could you give some color on your outlook for 2025? Any headwinds or other moving parts you could go over?

can you provide us with an update on your capital allocation philosophy heading into 2026

On the new personal auto products in Arizona and Oregon, can you provide some additional color on those competitive market dynamics

policies in force in Florida and Texas came down about 7% year-over-year. Could you provide some color on what you're seeing in the competitive environment

Could you please elaborate on some of the specific areas where you guys are targeting cost savings from

You mentioned some nonrate actions you guys have been taking. Could you give any insight towards that?

I wanted to ask about the higher minimum limits in California. And I was wondering if you could quantify the impact on premiums this quarter

My follow-up is on retention and how that's been differing by state