Insurance
Lemonade Books Q3 Net Loss of $37.5 Million
Insurtech Lemonade reported a third quarter 2025 net loss of about $37.5 million compared with a loss of $67.7 million a year ago during the same time. Revenue and gross profit increased 42% and 113%, respectively, versus Q3 2024. However, …
Read More Manufacturer WNA Earns TDI Lone Star Safety Award
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has recognized WNA, part of The Novolex organization with the Lone Star Safety Award for demonstrating outstanding dedication to workplace safety and health. This facility’s 123 employees manufacture plastic stadium …
Read More Two Men Charged with Terrorism Plot at LGBTQ+ Bars in Detroit Suburb
Two 20-year-old men who had acquired high-powered weapons and practiced at gun ranges were scouting LGBTQ+ bars in suburban Detroit in September for a possible Halloween attack, authorities said Monday in filing terrorism-related charges. Mohmed Ali, Majed Mahmoud and co-conspirators …
Read More Texas Voters Approve $20B Investment in Water Supply
Texas is poised to make the largest investment in its water supply in the state’s 180-year history after voters on Tuesday approved Proposition 4, which authorizes $20 billion to be spent on water projects over the next two decades. The …
Read More Florida-Based HCI’s Insurtech Raises $168M in Initial Public Offering
Insurance technology firm Exzeo Group, part of Tampa-based HCI Group, raised $168 million in its U.S. initial public offering on Tuesday, pricing its shares within its marketed range and becoming the latest insurance company to proceed with its listing plans. …
Read More AXA Announces Death of Its Founder Claude Bébéar at 90
AXA announced that Claude Bébéar, its founder and honorary chairman, has passed away at the age of 90. In less than one generation, Claude Bébéar transformed “a small mutual insurance company in Normandy into a global insurance giant,” said Antoine …
Read More Heavyweight Class-Action Lawyer Stan Chesley Dies
Stanley Chesley, a class-action lawsuit pioneer who took on cigarette companies and the makers of faulty breast implants until his legal career ended amid accusations of unethical conduct, has died at age 89. Chesley died Sunday at a long-term care …
Read More Judge Rejects Deal for Colorado Funeral Home Owner Accused of Stashing 190 Decaying Bodies
A Colorado judge rejected the plea agreement of a funeral home owner accused of stashing nearly 190 decaying bodies in a bug-infested building after family members of the deceased argued that the agreement’s 15- to 20-year sentence was too lenient. …
Read More 7 Dead After UPS Plane Crashes on Takeoff in Louisville, Kentucky
A United Parcel Service Inc. freighter jet crashed and exploded shortly after takeoff on Tuesday from Louisville, Kentucky, killing three crew members and at least four people on the ground. Video circulating on social media showed the Honolulu-bound McDonnell Douglas …
Read More Man Charged With Leading $1M Vehicle Title Washing Scheme Arrested in Mexico
A man officials say headed a Pennsylvania-based vehicle title-washing criminal enterprise has been arrested in Mexico — after three months as a fugitive, according to Attorney General Dave Sunday. The attorney general filed charges in August against Anthony E. Troncoso …
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