National
Flooding caused by climate change leads to mounting real estate costs
As intense rainfall and flooding has increased because of climate change, so too has the financial fallout from the...
The Latest
Los Angeles
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...
New York
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...
New York
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...
National
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...
National
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...
National
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...
Weekend Edition
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...
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...
National
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...
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