News

Lemonade to Acquire Metromile

Lemonade will acquire auto insurer Metromile in an all-stock transaction for just over $200 million net of cash.

Pandemic Risk Insurance Act Reintroduced in House

Unlike the previous version of PRIA, this legislation would require insurers to make available in all their property and casualty insurance policies coverage for insured losses due to covered public health emergencies.

Concerning NFIP Legislation Introduced in Congress

The legislation to extend the National Flood Insurance Program (NFIP) includes several controversial items, such as capping Write-Your-Own (WYO) compensation at 22.46% of written premiums.

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