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Best’s News & Research Service subscription required - May 01, 2024 12:17 PM (EDT)

Lemonade Narrows Net Loss to $47.3 Million; Employee Count Down 11% as Premiums Rise

Insurtech Lemonade Inc. narrowed its first-quarter net loss to $47.3 million from $65.8 million a year earlier as artificial intelligence enabled its “relentless pursuit of automation at every . . .

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