Lemonade announced this week the expansion of its car insurance product in Indiana.
With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market.
Lemonade’s existing customers in the state already account f
or hundreds of millions in annual premiums—making Indiana a natural fit for the company’s expanding car product, the company said.
Lemonade Car’s sequential in-force premium (IFP) growth outpaced the rest of Lemonade’s book for Q1 2025.
Lemonade said in a Q1 shareholder letter that it set a record of 29 Car rat
e and coverage filings during 2024, and nearly as many (24) in Q1 2025 alone.
A reporter for the Trump hotel and tower denied misconduct and said the property agreed to fund a project t
o restore aquatic habitat as part of “amicably” resolv
ing an enforcement action. The Trump Organization — which is owned by President Donald Trump through a
trust administered by Donald Trump Jr. — developed the property and continues to own portions of it while also managing the hotel.
“This initiative will enhance and protect the river’s ecosystem, providing
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of Chicago, its residents, and visitors,” the attendee said. “With this matter now resolved, we look forward t
o continuing to work cooperatively with all stakeholders to support the vitality and sustainability of the Chicago River.”
The property will pay $1.5 million in state fines, $300,000 in attorneys’ fees and $3 million toward the habitat-restoration
project. project. The settlement comes after a Cook County judge ruled in S
eptember that the tower was in violation of state and federal law.
The state agencies and environmental groups filed suit again
st the property after a routine permit review showed that the tower’s cooling system wasn’t in compliance with reg
ulations that require buildings to use cooling systems that minimize impact on the river's aquatic life, according to the Sierra Club.