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Lemonade, Inc. is an American insurance company. The company offers renters' insurance , homeowners' insurance , car insurance , pet insurance , and term life insurance in the United States , as well as contents and liability policies in Germany and the Netherlands and renters' insurance in France .
Image source: Lemonade. Management has been changing its policy makeup to become less susceptible to catastrophes. It's cutting down its exposure to homeowner's insurance, especially in California ...
On Tuesday, Mercury Insurance, an independent home insurer in California, announced it would begin writing new homeowners insurance policies in the town of Paradise, the site of the deadly Camp ...
Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in California, including 531,000 in Los Angeles County, according to data from the California Department ...
A $70 million funding round was announced in November 2018, and in March 2019, with Hippo insurance available to more than 50% of the homeowners in the United States, the company reported a 25 percent month-over-month sales growth and total insured property value of more than $50 billion. [12]
Metromile, Inc. is a San Francisco-based technology start-up that offers pay-per-mile car insurance, licenses a digital insurance platform to insurance companies around the world, and provides a digitally native offering featuring smart driving features, automated claims, and vehicle information. In July 2022, Lemonade, Inc. acquired the company.
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