Lemonade Records Another Q2 Loss, Changes Pace For Profitability August 9, 2022 By Chad Hemenway Insurtech Lemonade said it booked a second quarter net loss of $67.9 million compared with a net loss of $55.6...
How Different is Lemonade? August 9, 2022 By Patrick Wraight Remember when Lemonade made a big splash, telling us that they were going to shake the whole insurance world and...
EIS Acquires California-based Enterprise Business Solutions from Lemonade August 4, 2022 EIS, a system and digital insurance platform provider, has acquired San Francisco, California-based Metromile’s Enterprise Business Solutions, a SaaS-based claims...
Lemonade Lays Off Some Metromile Employees Immediately August 1, 2022 By Chad Hemenway Immediately after Lemonade closed its deal of Metromile July 28, job boards lit up with news of layoffs at the...
Lemonade Closes Deal for Auto Insurer Metromile July 28, 2022 Digital insurer Lemonade said it has closed of the acquisition of pay-per-mile car insurance provider Metromile in an all-stock transaction....
People Moves: Liberty Mutual Promotes Foley, Ughetta; Ex-Regulator Joins Lemonade June 16, 2022 Liberty Mutual Name Foley, Ughetta to New Posts Liberty Mutual Insurance announced that Melanie Foley has been named executive vice...
Lemonade Expands Auto Insurance to Ohio June 15, 2022 Lemonade announced the launch of car insurance in Ohio, making the Buckeye State the third state to feature availability of...
Lemonade Execs Expect ‘Peak Losses’ in 2022 February 25, 2022 By Susanne Sclafane With unfavorable development and product mix changes propelling fourth-quarter and full-year loss 2021 ratios into the 90s—up 20 points over...
Lemonade Now Offering Its Pet Insurance in Massachusetts February 15, 2022 Digital insurer Lemonade has expanded its pet insurance into the state of Massachusetts, marking the 37th state where it’s available....
Metromile Shareholders Approve Acquisition by Lemonade February 2, 2022 Metromile said its stockholders have approved its acquisition by digital insurer Lemonade. The transaction is expected to close in the...