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High-income individuals are planning to take 3.8 international vacations in the coming 12 months compared with 2.2 in 2019.

The conglomerate reported a $962M loss on insurance underwriting in the third quarter, its worst quarterly loss in a year.

Floods are an excluded peril in standard homeowners policies, so those in areas in danger of flooding should consider additional coverage.

The layoffs included Metromile's CFO and design, engineering and product team employees, including the senior executives.

Metromile shareholders received 7.3 million shares of Lemonade, valued at roughly $145 million, as part of the transaction.

The insurtech is proposing a ratio in the range of 1-for-20 to 1-for-30.

Claims related to fire or lightning tend to be the most costly of all, with each averaging just over $77,000.

Of the 343 announced deals in the first half of 2022, 91% were brokerage target companies.