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May 6 2025 // Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time.The decline, according to a letter to shareholders, was due primarily to...
Apr 2 2025 // While Allstate’s CEO Tom Wilson named GEICO and Progressive when asked about the ability to grow auto insurance in 2025 as competitors do the same, no one on Allstate or Progressive’s earning calls addressed...
Feb 26 2025 // Insurtech Lemonade reported a fourth quarter 2024 net loss of about $30 million and a loss for the year of about $202.2 million.Results were in comparison to a net loss of $42.4 million for the fourth quarter 2023 and a...
Dec 19 2024 // Washington Insurance Commissioner Mike Kreidler issued fines totaling $576,500 against insurance companies, agents, brokers and unlicensed entities in October and November of 2024 for violations of state insurance laws and...
Oct 31 2024 // Insurtech Lemonade reported a third quarter 20243 net loss of nearly $68 million and a year-to-date loss of $172.2 million.Results were in comparison to a net loss of $61.5 during the same quarter and a loss of $194.5 as...
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