Lemonade saw year’s worth of claims from Texas Freeze
Lemonade saw a year’s worth of claims in just a few days from the Texas Freeze but the event will not change its reinsurance buying habits, according to CFO Timothy Bixby.
Speaking on an analyst call following its full-year results, CEO Daniel Schreiber said that around a quarter of its customers lived in Texas and that the business had recorded thousands of claims in just a few days.
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