Metromile, Inc. (MILE)
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Metromile, Inc. provides insurance policies for automobile owners in the United States. It operates through two segments, Insurance Services and Enterprise Business Solutions. The company offers pay-per-mile auto insurance policies. It also provides The Pulse, a device that plugs into the diagnostic port of its customer's car and transmits data, such as miles driven, driving habits, phone use, speeding, hard braking, accelerating, cornering, and location over wireless cellular networks. In addition, the company offers access to its technology under software as a service arrangement, as well as professional services to third-party customers. Metromile, Inc. was founded in 2011 and is headquartered in San Francisco, California. As of July 28, 2022, Metromile, Inc. operates as a subsidiary of Lemonade, Inc..
NEWS
MILE HIGH GROWTH IN DENVER: SOUTHWEST AIRLINES CARGO CELEBRATES OPENING OF NEW FACILITY OFFERING INCREASED CAPACITY
prnewswire.com
2025-06-05 17:00:00Southwest Cargo nearly doubles its Denver footprint to support the airline's long-term vision DALLAS , June 5, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) celebrated the grand opening of its expanded Cargo facility at the Denver International Airport (DEN) today, marking a milestone in the airline's continued commitment to invest in infrastructure that supports its growing operations at the airport. The nearly 30,000 square foot warehouse brings a new level of Hospitality to Southwest Airlines® Denver-area Cargo Customers, with six loading docks enabling the Southwest Team to serve multiple Customers at the same time, large storage areas throughout the facility, and twice the amount of cooler space than previously available for refrigerated products.
BRAEMAR HOTELS & RESORTS ENTERS INTO FRANCHISE AGREEMENT FOR THE SOFITEL CHICAGO MAGNIFICENT MILE
prnewswire.com
2025-04-03 16:47:00DALLAS , April 3, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced its plans to transition the 415-room Sofitel Chicago Magnificent Mile to a franchise structure. Under the franchise structure, the hotel will continue to be the Sofitel Chicago Magnificent Mile, but will be managed by Remington Hospitality under the existing terms of its Master Hotel Management Agreement with Braemar.
Embedded Insurance Industry Worth Over $700 Billion by 2029 - Lemonade, Metromile, Slice, Hippo, and Root Insurance Dominate the Competitive Landscape
globenewswire.com
2024-10-23 12:27:00Dublin, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The "Embedded Insurance - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's offering. The Embedded Insurance Market, in terms of gross written premiums value, is expected to grow from USD 156.06 billion in 2024 to USD 703.44 billion by 2029, at a CAGR of 35.14% during the forecast period (2024-2029). Embedded Insurance Market Trends
Motto Mortgage Franchisees Honored at Annual National Awards Ceremony
headlinesoftoday.com
2023-03-06 15:12:00Motto Franchising, LLC celebrates the network’s top business performers and leaders at the annual Motto MILE Summit in Las Vegas DENVER, March 6, 2023 /PRNewswire/ — Motto® Mortgage held its sixth annual awards ceremony during its 2023 Motto Mortgage Innovation and Loan Excellence Summit (MILE) at the MGM Grand Hotel & Casino in Las Vegas on […]...
Lemonade Sells Metromile Enterprise Business Solutions Platform
pymnts.com
2022-08-01 16:24:58Artificial intelligence (AI)-powered insurance company Lemonade has officially divested online insurance platform and pay-per-mile vehicle insurer Metromile's Enterprise Business Solutions (EBS) to digital insurance platform EIS, according to a press release Monday (Aug. 1). EBS was Metromile's Software-as-a-Service (SaaS) claims automation and fraud detection platform, which was licensed to large insurance carriers, per the release.
Lemonade closes on acquisition of insurtech Metromile, promptly lays off about 20% of its staff
techcrunch.com
2022-07-29 13:51:50Publicly traded Lemonade has laid off about 60 employees of Metromile, the auto insurtech company it recently acquired – adding to the volatility the technology sector has seen over the past 18 months.
Metromile, Inc. (MILE) Reports Q1 Loss, Tops Revenue Estimates
zacks.com
2022-05-10 20:19:22Metromile, Inc. (MILE) delivered earnings and revenue surprises of -170% and 78.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Here's What Metromile Can Do for Lemonade
fool.com
2022-02-18 07:00:00Is Lemonade a buy? Investors are split.
Check These 3 Penny Stocks For Your Watchlist This Week
pennystocks.com
2022-01-24 16:52:49Which penny stocks are you watching right now? The post Check These 3 Penny Stocks For Your Watchlist This Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Why Are Lemonade and Metromile Plunging on Monday?
fool.com
2022-01-24 11:00:19The insurance tech players are underperforming the market badly.
What's the Deal With Lemonade's Acquisition of Metromile?
fool.com
2022-01-12 15:50:00Here's what investors need to know.
SPACs in 2021: From Boom to Bust
gurufocus.com
2021-12-27 16:41:02For those readers unfamiliar with what a special purpose acquisition company, or SPAC, is or does, here is a short but useful definition, courtesy of Vox's Rani Molla:
Best Reddit Penny Stocks to Buy Now? 4 to Watch in Mid-November
pennystocks.com
2021-11-10 13:30:04Are these Reddit penny stocks on your watchlist right now? The post Best Reddit Penny Stocks to Buy Now?
4 Top Penny Stocks To Watch Ahead Of Rivian (RIVN) IPO
pennystocks.com
2021-11-10 11:31:44Penny stocks to watch with Rivian (RIVN stock) IPO looming. The post 4 Top Penny Stocks To Watch Ahead Of Rivian (RIVN) IPO appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Metromile, Inc.
prnewswire.com
2021-11-09 21:30:00NEW YORK, Nov. 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Metromile, Inc. ("Metromile" or the "Company") (NASDAQ: MILE), in connection with the proposed acquisition of the Company by Lemonade, Inc. ("Lemonade") (NYSE: LMND). Under the terms of the merger agreement, the Company's shareholders will receive Lemonade common shares at a ratio of 19:1, or one share of Lemonade for every nineteen shares of Metromile common stock that they hold.
Insurtech Firm Lemonade Acquires Metromile, Pet Business 'Outperforms Expectations' in Q3
pymnts.com
2021-11-09 13:27:22After the recent launch of Lemonade car insurance, AI-powered insurance company Lemonade has announced its first-ever acquisition, purchasing the online insurance platform and pay-per-mile vehicle insurer Metromile in an all-stock deal aimed at boosting its auto insurance business. Related news: Lemonade Launches Car Insurance Platform in Illinois The insurance technology company is pinning its hope […]
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MILE HIGH GROWTH IN DENVER: SOUTHWEST AIRLINES CARGO CELEBRATES OPENING OF NEW FACILITY OFFERING INCREASED CAPACITY
prnewswire.com
2025-06-05 17:00:00Southwest Cargo nearly doubles its Denver footprint to support the airline's long-term vision DALLAS , June 5, 2025 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) celebrated the grand opening of its expanded Cargo facility at the Denver International Airport (DEN) today, marking a milestone in the airline's continued commitment to invest in infrastructure that supports its growing operations at the airport. The nearly 30,000 square foot warehouse brings a new level of Hospitality to Southwest Airlines® Denver-area Cargo Customers, with six loading docks enabling the Southwest Team to serve multiple Customers at the same time, large storage areas throughout the facility, and twice the amount of cooler space than previously available for refrigerated products.
BRAEMAR HOTELS & RESORTS ENTERS INTO FRANCHISE AGREEMENT FOR THE SOFITEL CHICAGO MAGNIFICENT MILE
prnewswire.com
2025-04-03 16:47:00DALLAS , April 3, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced its plans to transition the 415-room Sofitel Chicago Magnificent Mile to a franchise structure. Under the franchise structure, the hotel will continue to be the Sofitel Chicago Magnificent Mile, but will be managed by Remington Hospitality under the existing terms of its Master Hotel Management Agreement with Braemar.
Embedded Insurance Industry Worth Over $700 Billion by 2029 - Lemonade, Metromile, Slice, Hippo, and Root Insurance Dominate the Competitive Landscape
globenewswire.com
2024-10-23 12:27:00Dublin, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The "Embedded Insurance - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024-2029)" report has been added to ResearchAndMarkets.com's offering. The Embedded Insurance Market, in terms of gross written premiums value, is expected to grow from USD 156.06 billion in 2024 to USD 703.44 billion by 2029, at a CAGR of 35.14% during the forecast period (2024-2029). Embedded Insurance Market Trends
Motto Mortgage Franchisees Honored at Annual National Awards Ceremony
headlinesoftoday.com
2023-03-06 15:12:00Motto Franchising, LLC celebrates the network’s top business performers and leaders at the annual Motto MILE Summit in Las Vegas DENVER, March 6, 2023 /PRNewswire/ — Motto® Mortgage held its sixth annual awards ceremony during its 2023 Motto Mortgage Innovation and Loan Excellence Summit (MILE) at the MGM Grand Hotel & Casino in Las Vegas on […]...
Lemonade Sells Metromile Enterprise Business Solutions Platform
pymnts.com
2022-08-01 16:24:58Artificial intelligence (AI)-powered insurance company Lemonade has officially divested online insurance platform and pay-per-mile vehicle insurer Metromile's Enterprise Business Solutions (EBS) to digital insurance platform EIS, according to a press release Monday (Aug. 1). EBS was Metromile's Software-as-a-Service (SaaS) claims automation and fraud detection platform, which was licensed to large insurance carriers, per the release.
Lemonade closes on acquisition of insurtech Metromile, promptly lays off about 20% of its staff
techcrunch.com
2022-07-29 13:51:50Publicly traded Lemonade has laid off about 60 employees of Metromile, the auto insurtech company it recently acquired – adding to the volatility the technology sector has seen over the past 18 months.
Metromile, Inc. (MILE) Reports Q1 Loss, Tops Revenue Estimates
zacks.com
2022-05-10 20:19:22Metromile, Inc. (MILE) delivered earnings and revenue surprises of -170% and 78.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Here's What Metromile Can Do for Lemonade
fool.com
2022-02-18 07:00:00Is Lemonade a buy? Investors are split.
Check These 3 Penny Stocks For Your Watchlist This Week
pennystocks.com
2022-01-24 16:52:49Which penny stocks are you watching right now? The post Check These 3 Penny Stocks For Your Watchlist This Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Why Are Lemonade and Metromile Plunging on Monday?
fool.com
2022-01-24 11:00:19The insurance tech players are underperforming the market badly.
What's the Deal With Lemonade's Acquisition of Metromile?
fool.com
2022-01-12 15:50:00Here's what investors need to know.
SPACs in 2021: From Boom to Bust
gurufocus.com
2021-12-27 16:41:02For those readers unfamiliar with what a special purpose acquisition company, or SPAC, is or does, here is a short but useful definition, courtesy of Vox's Rani Molla:
Best Reddit Penny Stocks to Buy Now? 4 to Watch in Mid-November
pennystocks.com
2021-11-10 13:30:04Are these Reddit penny stocks on your watchlist right now? The post Best Reddit Penny Stocks to Buy Now?
4 Top Penny Stocks To Watch Ahead Of Rivian (RIVN) IPO
pennystocks.com
2021-11-10 11:31:44Penny stocks to watch with Rivian (RIVN stock) IPO looming. The post 4 Top Penny Stocks To Watch Ahead Of Rivian (RIVN) IPO appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Metromile, Inc.
prnewswire.com
2021-11-09 21:30:00NEW YORK, Nov. 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Metromile, Inc. ("Metromile" or the "Company") (NASDAQ: MILE), in connection with the proposed acquisition of the Company by Lemonade, Inc. ("Lemonade") (NYSE: LMND). Under the terms of the merger agreement, the Company's shareholders will receive Lemonade common shares at a ratio of 19:1, or one share of Lemonade for every nineteen shares of Metromile common stock that they hold.
Insurtech Firm Lemonade Acquires Metromile, Pet Business 'Outperforms Expectations' in Q3
pymnts.com
2021-11-09 13:27:22After the recent launch of Lemonade car insurance, AI-powered insurance company Lemonade has announced its first-ever acquisition, purchasing the online insurance platform and pay-per-mile vehicle insurer Metromile in an all-stock deal aimed at boosting its auto insurance business. Related news: Lemonade Launches Car Insurance Platform in Illinois The insurance technology company is pinning its hope […]