Lemonade Expands Renters Insurance to Maine
Lemonade, the tech-first insurance company, announced the availability of its renters insurance in Maine. The expansion gives renters across the state a simple, fast way to get coverage that fits their lifestyles.
Lemonade Renters provides flexible coverage options via an app where renters can get quotes, purchase policies, update existing policies, and file claims, all in one place. About 40% of claims are handled instantly, helping renters receive assistance more quickly after a covered loss.
“Renters in Maine deserve the same easy insurance experience as everyone else,” said Dan Timsit, Head of Renters Insurance at Lemonade. “We built Lemonade to cut through the complexity that makes traditional insurance painful. We offer simple quotes, instant claims, and rates that don’t break the bank. Now we can deliver that to Maine, too.”
Coverage starts at just $5 per month, making it one of the more affordable renters insurance options available. Based on company and industry data, Lemonade’s renters insurance rates are approximately 30% lower than the national average.
Customers may also be eligible for additional savings through policy bundling, having qualifying home safety devices, or choosing annual billing.
Lemonade currently serves more than 3 million active customers and has earned recognition from organizations and publications including Forbes, CNBC, and U.S. News & World Report for its insurance products and customer experience.
PPA S.A. publishes its 2025 Sustainability Report
PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG) principles into its corporate strategy and operations. In this context, the Company has published its 2025 Sustainability Report, prepared in accordance with the European Sustainability Reporting Standards (ESRS), providing a transparent overview of its performance, initiatives and objectives across the three pillars of sustainability.
Throughout 2025, PPA S.A. implemented a series of key initiatives that further strengthened its responsible business strategy, contributing to the development of a modern and resilient growth model.
Under the Social pillar, the concession fee paid to the Greek State exceeded €9 million in 2025, while donations and sponsorships under the Company’s Corporate Social Responsibility (CSR) programme amounted to more than €730,000.
During 2025, PPA S.A. also held the first award ceremony for the “Kunpeng Scholarship”, granting scholarships to ten first-year university students from neighboring municipalities. In addition, the Company distributed 5,000 Christmas gift vouchers to children from the local community and to the families of employees working in the ship repair sector.
As part of its commitment to safeguarding the rights of all passengers, PPA S.A. collaborated with the Institute of the National Confederation of Disabled People & People with Chronic Diseases (IN-ESAmeA) to deliver a specialized training programme on assisting passengers with disabilities, chronic conditions and reduced mobility. More than 1,000 Company employees participated in the programme.
Under the Environmental pillar, following the introduction of Greece’s first National Climate Law and the issuance of the Company’s new Environmental Terms Approval Decision, PPA S.A. completed the Climate Change Vulnerability and Adaptation Study for the Port of Piraeus. In parallel, the implementation of a Greenhouse Gas Emissions Reduction Action Plan covering the entire port area is underway.
Under the Governance pillar, PPA S.A. further embedded sustainability objectives into its corporate strategy, incorporated sustainability criteria into its Procurement Regulation, and implemented dedicated sustainability training programmes for both management and employees.
PPA S.A.’s consistent commitment to sustainability and operational excellence was further reflected in the distinctions it received during 2025. These included its recognition as “Industry Leader – Port Organizations” at the Protagonists of the Greek Economy Awards, the 2nd Best Public Utility Company Award at the HRIMA Business Awards 2025, three distinctions at the Compliance Awards 2025 (Gold for Best Compliance Team in the Port Services Sector, Gold for Most Impactful Social Initiative, and Bronze for Best Compliance Management), as well as its recognition, for the fourth consecutive year, as “One of the Most Sustainable Companies in Greece by QualityNet Foundation”. Of particular importance was also the ESG Leading Award distinction at the Diamonds of the Greek Economy 2025 – ESG Awards, organized by Naftemporiki.
The 2025 Sustainability Report is available on the PPA S.A. website (https://www.olp.gr/en/corporate-responsibility/social-responsibility) and provides a comprehensive overview of the Company’s strategy, initiatives, objectives and performance across all ESG pillars.
MetLife to Announce Second Quarter 2026 Results
MetLife, Inc. (NYSE: MET) will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after the market closes. The earnings news release, financial supplement and related materials will be posted on MetLife’s Investor Relations webpage at investor.metlife.com.
MetLife will hold its second quarter 2026 earnings conference call on Thursday, August 6, 2026, from 9-10 a.m. (ET) via a live webcast. Please click on the following link to register: https://events.q4inc.com/attendee/539596169. A replay of the webcast will be available at investor.metlife.com for seven days following the call.
Arthur J. Gallagher & Co. Acquires Med James, Inc.
Announcement of the Merger Process of the Bank’s Wholly-Owned Subsidiaries – Draft Merger Agreement
PIRAEUS BANK S.A. (the “Bank”) informs the investment community that, pursuant to the resolutions of its Board of Directors dated 21.05.2026 and 25.06.2026, it resolved to take all the necessary actions to effect the merger through absorption by the Bank of its wholly-owned subsidiaries (non-listed companies) “ND DEVELOPMENT SINGLE-MEMBER SOCIÉTÉ ANONYME REAL ESTATE, TECHNICAL, CONSTRUCTION & TOURISM COMPANY”, “PROPERTY HORIZON SINGLE-MEMBER SOCIÉTÉ ANONYME DEVELOPMENT, REAL ESTATE, TECHNICAL, CONSTRUCTION & TOURISM COMPANY”, “PIRAEUS DEVELOPMENT SINGLE-MEMBER S.A. REAL ESTATE DEVELOPMENT & TOURISM COMPANY”, “PIRAEUS PROPERTY REAL ESTATE MANAGEMENT SINGLE-MEMBER SOCIÉTÉ ANONYME”, “PLEIADES SINGLE-MEMBER SOCIÉTÉ ANONYME FOR REAL ESTATE DEVELOPMENT AND MANAGEMENT” and “WOLI OPERATIONS SINGLE-MEMBER PRIVATE COMPANY (P.C.)” (hereinafter the “Absorbed Companies” or the “Companies” and, together with the Bank, the “Merging Companies”), which will take place pursuant to the combined application of Article 16 of Law 2515/1997, as well as Articles 6 paras. 2 and 3, 7–21, 30–35, 42–45 and 140 para. 3 of Law 4601/2019, Law 4072/2012 and Law 4548/2018, as in force (the “Merger”).
The Boards of Directors or the Managers, as the case may be, of the Merging Companies set 31.12.2025 as the Transformation Balance Sheet Date for the purposes of the Merger and proceeded to the joint preparation, the approval and the execution by their authorized representatives of the draft merger agreement dated 26.06.2026 (the “DMA”).
The DMA was registered with the General Commercial Registry (G.E.MI.) of the Bank on 10.07.2026, in accordance with the requirements of the applicable legislation. The DMA, together with the other documents provided for under Article 11 para. 1 of Law 4601/2019, will be available both on the Group’s website (www.piraeusgroup.gr) and at the Bank’s registered office.
The Bank will inform the investment community of the completion of the Merger process, following compliance with the procedure required by law.
Arthur J. Gallagher & Co. Acquires Med James, Inc.
Arthur J. Gallagher & Co. has announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Overland Park, Kansas-based Med James, Inc. Terms of the transaction were not disclosed.
Med James is a managing general agency (MGA) and wholesale insurance broker serving retail agents. Pam Donahue and the Med James team will remain in their current location under the direction of Jacey Norberg, VP-North Central Region for RPS.
“Med James has a strong reputation in the wholesale space and expands RPS’s capabilities in the region,” said J. Patrick Gallagher, Jr., Chairman and CEO. “I am very pleased to welcome the Med James team to our growing, global family of professionals.”
Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
Aviva and AXIS launch new Lloyd’s consortium to power UK renewable energy growth
Aviva and AXIS have announced a new Lloyd’s consortium to support new renewable energy projects, helping enable progress towards the UK’s 2030 net zero ambitions.
The partnership brings together two of the London Market’s leading renewable energy insurers, combining underwriting expertise and capacity across onshore wind, solar and battery energy storage systems into a single, coordinated solution. It is also the first Lloyd’s consortium specifically focused on UK onshore renewable energy, making it a distinctive offering in the market.
The consortium is designed to simplify placement for brokers and clients, offering a clearer and more efficient route to secure cover for renewable energy risks, while helping to meet growing demand for capacity in the sector.
Operating within Lloyd’s, the ‘A-Squared Consortium’, with a total capacity of £200m, will focus on onshore renewable energy construction and operational risks for new UK renewable energy projects.
The consortium will:
Offer up to 100% line size for qualifying risks, or take significant lead positions
Provide consistent underwriting expertise across technologies
Streamline quoting and placement through a coordinated approach
Deliver shared risk engineering insights
Cover includes property damage, business interruption and third-party liability, with flexibility to support more complex requirements through referral.
Vicky Kent, Head of Renewable Energy and Engineering at Aviva, said: “The UK’s renewable energy ambitions require pace, scale and certainty to meet 2030 targets. This new consortium brings together the strength of Aviva and AXIS to offer brokers and clients a simpler, more coordinated way to secure cover for renewable projects.”
Peter Fitzsimmons, Head of International Onshore Energy at AXIS, said: “This consortium delivers large-scale capacity to meet the current demand and future growth of the UK’s onshore renewable energy industry. Through this collaborative approach, together we are providing elevated service and specialist coverage for new renewables projects across the UK, and supporting the country’s ambitions to build a world-leading clean energy industry.”
Allstate announces quarterly dividend payable Oct. 1, 2026
The Allstate Corporation (NYSE: ALL) announced that its board of directors approved a quarterly dividend of $1.08 on each outstanding share of the corporation’s common stock to be payable in cash on Oct. 1, 2026, to stockholders of record at the close of business on Aug. 31, 2026.
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
Aviva agrees to purchase remaining 26% stake in India joint venture
Aviva has signed an agreement to purchase the remaining 26% share of Aviva Life Insurance Company India Limited (“Aviva India”) from Dabur Invest Corp (“DIC”), its local joint venture partner. This will take Aviva’s ownership of Aviva India to 100% and will give Aviva full control over the strategic direction of the business.
Aviva India is currently a life insurance joint venture between DIC and Aviva which was formed in 2001. The acquisition follows recent regulatory foreign direct investment (“FDI”) changes in India, which now allow foreign insurers to increase their shareholdings in local insurance companies to 100%. There were similar increases in Aviva’s shareholding in 2016 and 2022 following changes to the FDI regulations.
Financial impacts of the transaction are not material to Aviva.
On completion of the transaction, the current joint venture agreement will be terminated. Completion will happen in due course.
AIG Appoints Christine Williams as Head of Global Client and Broker Relationships
American International Group, Inc. announced that Christine Williams has been named Head of Global Client and Broker Relationships, effective September 1, 2026. Ms. Williams will report to Jon Hancock, Executive Vice President and Chief Executive Officer of General Insurance, AIG. She will be based in New York.
In this new role, Ms. Williams will lead AIG’s enterprise-wide relationships with key global clients and distribution partners, working across the Company to deliver its full capabilities, expertise and risk solutions to create value for clients while advancing strategic growth opportunities across AIG’s insurance businesses.
Mr. Hancock said, “Christine Williams is a highly accomplished insurance executive recognized across the industry for her track record of driving growth and strengthening client relationships. I look forward to welcoming Christine to AIG as we further connect our global capabilities with the evolving needs of our clients and partners.”
Ms. Williams said, “I am honored to join AIG at this meaningful moment as the Company enters the next chapter in its impressive journey. AIG’s global scale, deep technical expertise and diversified businesses are distinct competitive advantages, and I look forward to working with AIG’s talented teams around the world to serve our clients and partners.”
With deep expertise across a broad range of risk solutions, Ms. Williams joins AIG from Aon, where she served as Co-Head of Aon U.S. and was a member of Aon’s Executive Committee. During her more than two decades at Aon, she held a range of senior leadership roles in the United States and internationally, with responsibility for driving growth and delivering insights, expertise and integrated solutions to clients.
UniCredit Announces Final Results of Tender Offer
UniCredit announced that following its voluntary takeover offer for Commerzbank, shares representing 17.60% of Commerzbank’s outstanding share capital have been tendered, well ahead of original expectations.
Together with the directly held 26.77% stake and the financial instruments which confer the right to demand physical delivery of a stake of 3.22%, this adds up to 47.59%.
The percentage of 47.59% translates into 49.65% of Commerzbank voting rights (Commerzbank treasury shares cannot be voted) and would also increase to that level once Commerzbank cancels its treasury shares, something it committed to do.
The completion of the tender offer periods represents a further step in the execution of UniCredit’s strategic investment in Commerzbank. UniCredit continues to seek to engage constructively with all relevant stakeholders while pursuing the necessary regulatory and supervisory processes in relation to its investment.