Progressive Corp. (PGR) Reports November 2021 Results

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. The Progressive Corporation (NYSE: PGR) today reported the following results for November 2021:. November. 2021 2020 Change. (millions, except per share amounts and ratios; unaudited) Net premiums written$3,289.4 $2,957.9...
Motley Fool

Will Lemonade Recover in 2022?

Lemonade stock has had a poor 2021 due to a combination of events. The company, however, could turn around the things that caused the stock to fall. With an exciting product launch, I think Lemonade could have a bright future. You’re reading a free article with opinions that may differ...
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Motley Fool

Employers Holdings' Q3 Earnings: Top Takeaways for Investors

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More. Employers Holdings ( EIG -0.03% ) may not...
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Motley Fool

How Will Lemonade Win Against Insurance Technology Competitors?

Over the past few years, several technology-focused insurance disruptors have come on to the public markets, but Lemonade (NYSE:LMND) is emerging as a winner in the space. In this Fool Live video clip, recorded Nov. 29, Lemonade's co-CEO and co-founder Daniel Schreiber sits down with contributor Matt Frankel to discuss how Lemonade plans to maintain its competitive advantage.

Insurance Company Lemonade Bets On Bitcoin To Diversify Assets

In another example of a business that seeks to diversify its portfolio with crypto assets, US insurance company Lemonade has purchased bitcoin (BTC) for its balance sheet, as indicated by a recent regulatory filing. During the first nine months of this year, the firm acquired a total of USD 1m...
MedCity News

Flume looks to build behind-the-scenes framework for health plans

Starting a new insurance plan can be time-consuming, costly and difficult. One of the challenges is building systems to process claims, keep track of enrollment, and manage other administrative tasks. While some insurers look to build these features in-house, it can be costly and time-consuming. Others partner with a third-party...

Does Homeowners Insurance Cover Wear and Tear?

Often, people realize that their house is damaged and file a claim with their homeowners insurance company, and they’re surprised when the claim is denied. Many people have misconceptions about what homeowners insurance does and doesn’t cover. One thing it doesn’t cover is wear and tear. Why...

The venture capital view of insurtechs

Insurtechs continue to be a highly-funded sector and the pace will likely continue into 2022. Global insurtech funding has seen over $10 billion across 427 deals so far this year which is 48% greater than all the deals in 2020, according to a report from CB Insights. During, “The View...

When it comes to cyber risk, are you still insurable?

The cost of cyber insurance is spiraling out of control as insurers reel from pandemic-related losses, raising eligibility standards and refusing to insure many businesses who don’t meet those standards. The time has come to ask the question: are you still insurable?. I raise this question from the perspective...

Best Homeowners Insurance Companies in 2021 – Top Home Insurance Providers

We cannot predict the upcoming events, and we cannot always be confident about what could happen to us in the future. From that point on, every person should seek their own safety and overall protection. When discussing safety, we must mention that your home is a place that always has to be secure and protected from any unpredictable external factors.

Best Life Insurance Companies of 2022

It is possible that thinking about your mortality is not your favorite subject. However, if you have decided you need life insurance, it is worth taking a little more time to verify you are satisfied with the business you are dealing with. A life insurance policy might give assurance if...

Benefits of Insurtech for Business Insurance in Australia

Australia is among the largest developing countries in the world. As of 2021, it has the 12th largest national economy by nominal Gross Domestic Product (GDP). If you are leading a striving business organisation in Australia, getting the right insurance policy is essential. It will help you protect your customers...

Small Employers' Health Insurance Costs Soared in 2021. Here's What They Didn't Do As a Result

The average cost of employer-sponsored health plans is surging--hitting its highest annual spike in more than a decade, with small businesses bearing the brunt of the burden. A Monday survey released by the asset management firm Mercer reveals that the average cost for employer-sponsored health insurance climbed 6.3 percent in 2021, nearly double that of last year's 3.4 percent uptick. That's the cost equivalent of $14,542 per worker for U.S. health plans with 50 or more employees, according to the survey.

How to File Tornado Insurance Claims

If you suffered losses during the devastating five-state tornadoes over the weekend, you’ll want to file an insurance claim as soon as possible so you can get compensated quickly. A lot of people will be filing claims, so be prepared to answer any questions your insurer might have and...

Disruption, delays, demurrage: What’s covered?

Millions of goods are stuck on container ships waiting for a space to be unloaded at U.S. ports or to be hauled away in trucks, leading to massive traffic jams and supply chain bottlenecks. Fueled by a surge in online spending during the pandemic and exacerbated by a shortage of space, chassis and workers, the supply-chain disruption is hampering the ability of logistics service providers (“LSPs”) and others to meet client demands.

Asian Insurer FWD Group Raises $1.4 Billion Ahead of IPO

FWD Group, an insurance company operating in nine Asian countries, has raised $1.425 billion ahead of a planned initial public offering in Hong Kong. The company had initially filed for a stock market listing in the U.S. in September. But on Tuesday Reuters reported that it was shifting to the Hong Kong market amid approval delays and a deteriorating relationship between Washington and Beijing.

Digital Ecosystem Stere Welcomes $2M Seed Funding Infusion

a digital ecosystem catering to managing general agents and insurance companies, this week announced the closure of its seed funding round. The $2 million round is led by Fin VC, with participation from Plug and Play Ventures, Sandalphon Capital and Hartford Investment Management Company. Other participants in the round include angel investors Rob Johns; First VP; Alliant Insurance Services and Charter Board Member TiE of Oregon; and Shamir Karkal, co-founder and CEO of Sila.

Making the Case for Why You Should Sell Your Employer Short

For most U.S. workers, their human capital represents their largest economic resource. However, the longer you stay with a company, the more you accumulate job-specific human capital. These are skills that aren’t easily transferable to another company. (A close-to-home example is making the COVID vaccine under a nondisclosure agreement.) Thus, your company’s risk of doing poorly and going under becomes your risk. You become a stock—not a general stock, but rather your company’s stock.