insurance


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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
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
Jetty's Michael Rudoy and Luke Cohler (Credit: Twitter; LinkedIn; iStock)

Rental insurance startup Jetty lays off 40% of staff

Jetty, a Silicon Valley-backed rental-insurance startup, has laid off 40 percent of its workforce, The Real Deal has learned....

Rental insurance startup Jetty lays off 40% of staff
SoFla real estate deals on hold: Insurers delay closings ahead of Hurricane Dorian

SoFla real estate deals on hold: Insurers delay closings ahead of Hurricane Dorian

Hurricane Dorian is putting real estate deals in a holding pattern as it approaches South Florida. Insurance companies hold...

SoFla real estate deals on hold: Insurers delay closings ahead of Hurricane Dorian
Lemonade CEO Daniel Schreiber and Frankfurt, Germany (Credit: iStock)

Tech-driven insurer Lemonade set to expand into Europe

A company that started selling renters’ insurance in New York, then expanded nationwide, is set to start operating outside...

Tech-driven insurer Lemonade set to expand into Europe
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