Lemonade Insurance News

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Lemonade: 700K Customers on the Car Insurance Waitlist

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...

Lemonade CEO Declares ‘Best Quarter Ever,’ Posts Narrowed Q4 Loss of $30M

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...

Washington Commissioner Fines PacificSource, Delta Dental, Lemonade, Others

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...

Lemonade Remains in the Red With $68M Loss in Q3

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...

Markets/Coverage: Lemonade Expands Home Insurance Offering in UK

Jul 16 2024 // Lemonade, the New York-based insurtech, announced the launch of buildings and contents insurance in the United Kingdom in partnership with insurer Aviva. Expanding the company’s home insurance offerings in the UK,...