Insurance
Lemonade Posts $43M Loss for Q2 as it Continues to Grow Customer Base
Insurtech Lemonade reported a second quarter 2026 net loss of about $43 million compared with a loss of about $44 million during the same time in 2025. Lemonade said its topline growth was positive, with 76% increase in year-over-year gross …
Read More Florida’s Universal Basking in the Sunshine of Legislative Changes
Universal Property & Casualty Insurance Co., now Florida’s second-largest property insurer behind only State Farm Florida, continues to rebound from the dark days of Florida’s insurance crisis, with new policies, higher profits and an improved combined ratio. CEO Stephen Donaghy …
Read More Travelers Expands Product Liability Product to California Life Sciences
Travelers is making its product liability insurance product for life sciences companies to California. The company’s Travelers Synergy has now rolled out in all 50 states. Travelers Synergy is designed to protect life sciences companies against product-related claims at any …
Read More Utica National Teams Up With NFL’s Buffalo Bills
Utica National Insurance Group announced a partnership with the National Football League’s Buffalo Bills. Utica will become the “official home, auto, and business insurance partner” of the team. As the football season approaches, Utica National said it will roll out …
Read More Inszone Insurance Acquires Pennsylvania Hospitality Specialist Progress Brokerage
Inszone Insurance Services, a national provider of commercial, personal, and benefits insurance, announced the acquisition of Progress Brokerage Group, LLC, a specialized insurance agency based in Springfield, Pennsylvania. Founded in 2013 by Ed Snow, Progress Brokerage Group has built a …
Read More Verisk Buys McKenzie Intelligence Services, a UK-Based Catastrophe Analysis Firm
Verisk, the data analytics and technology firm, announced it has acquired UK-based McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specializes in global real-time catastrophe and conflict event analysis. Financial details of the transaction, which was …
Read More Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026
Brown & Brown anticipates that the cost of the Howden-driven talent war for the full-year 2026 could hit $60 million – an increase from the $31 million it estimated last quarter. “Based on currently available information, we anticipate the full-year …
Read More Relation Acquires Wisconsin’s Mid-State Insurance
Relation Insurance Services announced their acquisition of the assets of Mid-State Insurance. The transaction went into effect on March 31, 2026; terms of the transaction were not disclosed. Founded in 1986 as an independent life and health agency in Milwaukee’s …
Read More DoorDash Is Building Its Own Delivery Drones, Gains FAA Nod for Commercial Service
DoorDash Inc. is building its own delivery drones and has gained the necessary approvals to operate them commercially, the latest in its effort to delegate more orders to robots as a way of cutting delivery times. DoorDash, the largest food-delivery …
Read More Ventura County DA Gets $900,000 to Combat Workers’ Comp Fraud
The Ventura County District Attorney’s Office was awarded $898,840 from to investigate prosecute workers’ compensation fraud for the fiscal year. The grant, awarded through the California Department of Insurance, funds the DA’S Workers’ Compensation Fraud Unit. The unit includes prosecutors, …
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