No one enjoys the slow-turning wheels of bureaucracy that can delay an insurance settlement by days, weeks, months, or even years. But do we need a system that can settle insurance claims in mere ...

Lemonade Insurance sparked outrage this week when it took to Twitter to boast about how its AI system was able to boost profits by automatically denying claims based on analyzing videos submitted by ...

Thanks to Lemonade’s artificial intelligence chatbots, most pet owners can file a claim in a few minutes, get it approved in seconds and be on their way to getting reimbursed for eligible expenses.

Less than a day after Lemonade tweeted about its facial recognition-powered fraud-detection systems, the insurance startup has fully backtracked. On Wednesday, the company put out a formal apology ...

Lemonade is a car insurance company offering telematics-based and pay-per-mile insurance. It uses AI technology to process most claims and says that it handles 40% of them instantly. Its unique ...