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...
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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...
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...
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...
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...
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...
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...
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....
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...
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...
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