Lemonade
-
Management should examine the relationship between company strategy, broader market cycles and short interest. -
Continued capital depletion could result in additional pressure on management teams with regard to executing their original business plans.
-
The accusation centers on how the InsurTech stores customer information.
-
Winter storm losses pushed the carrier’s loss ratio for Q1 to 120%.
-
In its earnings statement, the carrier described the Texas freeze as an “extreme stress test” for its operations and financial model.
-
Although this period’s short-interest shift was muted, the next update will likely show greater movement as Q1 is digested.
-
CareerBuilder CEO Irina Novoselsky and former Groupon executive Silvija Martincevic have joined as non-executive directors.
-
The InsurTech will allow customers to bundle the cover with their home, pet and life insurance policies.
-
In the absence of macro and micro catalysts the short interest changes in the broader industry were muted.
-
Taking Metromile public cost the firm an estimated 22% of gross proceeds, followed by Hippo at 11%.
-
The plunge wipes more than $1bn of value off Lemonade’s market cap.
-
The InsurTech grew customer count by 6.4% QoQ and said that growth in premiums per customer accelerated for the third straight quarter.
Most Recent
-
Daily Digest: Top news from November 22
November 22, 2024 -
Cyber attacks on supply chain up 431% since 2021: Cowbell
November 22, 2024 -
PE firm Capital Z takes $240mn minority stake in retail broker Leavitt
November 22, 2024