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Wildfire insurance crisis looms for California homeowners

Wildfire insurance crisis looms for California homeowners

Homeowners in fire-prone areas of California may soon find there’s no one to insure their properties. Last year, the...

Wildfire insurance crisis looms for California homeowners
Photo illustration of Phil Ruffin and his Circus Circus Hotel & Casino in Las Vegas (Ollie Millington/Getty, Ethan Miller/Getty, Joan Slatkin/Education Images/Universal Images Group/Getty, iStock)

Fear and loathing in a pandemic: Insurers battle business interruption claims

As a Las Vegas casino owner, Phil Ruffin is used to taking risks. But this time the odds seem...

Fear and loathing in a pandemic: Insurers battle business interruption claims
Lemonade CEO Daniel Schreiber (iStock)

Investors reward Lemonade with $3.8B valuation

Venture-backed insurance seller Lemonade got a sweet reception from investors on the day of its initial public offering. Listed...

Investors reward Lemonade with $3.8B valuation
Lemonade co-founders Daniel Schreiber and Shai Wininger

SoftBank-backed Lemonade raises IPO target to $319M

As its anticipated early July IPO date draws nearer, home insurance provider Lemonade is raising its share price once...

SoftBank-backed Lemonade raises IPO target to $319M
Lemonade co-founders Daniel Schreiber and Shai Wininger

Will Lemonade’s IPO be sweet or sour?

To investors, Lemonade bills itself as the evolutionary successor to the old insurance guard. Instead of luring established customers with the “I switched-and-saved” value proposition, Lemonade hooks them when they’re young. The armies of...

Will Lemonade’s IPO be sweet or sour?
Damages to retailers from civil unrest may prove more manageable than the coronavirus in one respect — insurance coverage. But coverage varies widely and long-term implications for the industry remain unclear. (Getty)

Retailers take stock of insurance coverage after looting

Looting and vandalism in cities across the country, which arose alongside peaceful protests for racial justice, have posed another...

Retailers take stock of insurance coverage after looting
CNA Financial CEO Dino Robusto

Will insurers cover coronavirus-related business losses? We may soon find out

A business insurer’s position that it isn’t required to cover coronavirus-related losses is set to face a legal litmus...

Will insurers cover coronavirus-related business losses? We may soon find out
Atma Beauty in Miami and Lloyd's of London (Credit: Google Maps, Leon Neal/AFP via Getty Images)

Miami Beach salon sues Lloyd’s of London over coronavirus claim

Another South Florida business has sued an insurer for rejecting its coronavirus business interruption claim. Atma Beauty at 1874...

Miami Beach salon sues Lloyd’s of London over coronavirus claim
The interior of Lloyd's of London (Credit: Leon NealL/AFP via Getty Images, CDC)

Real estate is waking up to pandemic insurance. But is it too late?

Hotel owners nationwide have likely deployed teams of lawyers to scour their insurance policies, hoping to find a clause...

Real estate is waking up to pandemic insurance. But is it too late?
In bid for relief, restaurants wage lobbying war against insurers

In bid for relief, restaurants wage lobbying war against insurers

Restaurants and the insurance industry are shaping up as two of the biggest rivals in the coronavirus pandemic. Eateries...

In bid for relief, restaurants wage lobbying war against insurers
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