Lemonade CEO Declares ‘Best Quarter Ever,’ Posts Narrowed Q4 Loss of $30M February 26, 2025 By Chad Hemenway Insurtech Lemonade reported a fourth quarter 2024 net loss of about $30 million and a loss for the year of...
Fire Danger in LA Is All Around, But Signals to Residents Are Mixed February 26, 2025 By Leslie Kaufman and Andre Tartar In the era of cutting-edge computer modeling, satellite data and AI, there has never been more abundant information on the...
Mississippi City Drops Lawsuit Over Editorial That Judge Had Ordered Removed February 26, 2025 A Mississippi city dropped its lawsuit Monday against a newspaper that had its editorial criticizing local leaders removed by a...
Title Insurance Could Finally Come to New York Under Governor’s Budget Amendment February 26, 2025 New York this year could become the 50th U.S. state to accept title insurance, after Gov. Kathy Hochul quietly submitted...
Warnings, Fines Fail to Stop Insurers and Banks From Overcharging Australian Clients February 26, 2025 Last week the Federal Court fined Australia’s biggest superannuation company, AustralianSuper, A$27 million for overcharging customers. The company had breached...
Bank of America Scraps Diversity Goals in Latest Wall Street DEI Retreat February 26, 2025 By Katherine Doherty Bank of America Corp. is rolling back workplace representation targets and replacing references to diversity, joining peers in citing legal...
Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires February 26, 2025 By Tom Sims and Alexander Hübner Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said...
S&P Puts State Farm General on CreditWatch February 26, 2025 By Susanne Sclafane Potential downgrades of State Farm’s California homeowners insurer came closer to reality yesterday when S&P Global Ratings put the “AA”...
Smartwatches Measuring Mortality Risks Are New Tool for Insurers February 26, 2025 By Alex Tanzi Smartwatches and other wearable technologies have the potential to change the pricing of life insurance policies by offering better data...
New York Dads Forgo $1.6 Billion in Paid State Leave, Study Says February 26, 2025 By Kelsey Butler New fathers are more likely to be eligible for state paid parental leave programs but less likely to take the...