Insurance Carrier Lemonade Goes Live in State #5: Texas

We're live in #Texas. We'll be gradually rolling out in the Lone Star state💙#GoLemonade #InsuranceWillNeverBeTheSame https://t.co/P3BNF9UrNH pic.twitter.com/7OIbU5ZTiQ

— Lemonade (@Lemonade_Inc) September 18, 2017

Earlier today, digital insurer Lemonade announced it is live in Texas , making it the 5th state the insurer has expended to:

And while on the subject of Lemonade, can’t help but take note of Allstate’s latest ad for renters insurance starting at $4 a month, when bundled with car insurance:

Financials

Lemonade ends Q3 with $68 million loss

By Avi Ben-Hutta ·

In-force premium reached $889 million.

Product

APIC seeks 45% rate increase in California

By Shefi Ben-Hutta ·

The proposed rate adjustment would increase total written premiums by $31.4 million.

Strategy

Toyota Insurance partners with Lemonade

By Shefi Ben-Hutta ·

Toyota aims to cross-sell home and renters insurance.

Financials

Lemonade ends Q2 with $57 million loss

By Avi Ben-Hutta ·

Premium per customer stood at $387, 8% higher compared to Q2 2023.

Insurance Carrier Lemonade Goes Live in State #5: Texas

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Lemonade ends Q3 with $68 million loss

APIC seeks 45% rate increase in California

Toyota Insurance partners with Lemonade

Lemonade ends Q2 with $57 million loss