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Lemonade Insurance approved to do business in Arkansas

A New York-based insurance company Lemonade Insurance Co. has received a certificate of authority to do business in Arkansas, Arkansas Insurance Commissioner Allen Kerr said.

Lemonade Insurance has been approved to sell property, casualty and marine products in Arkansas with an initial limit to renters insurance. It provides renters insurance through a mobile app.

Lemonade Insurance Co. is a unit of Lemonade Inc.