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Lemonade: This $5 billion insurance company likes to talk up its AI Now it s in a mess over it
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Insurance Unicorn Lemonade Backtracks Comments About Its AI After Accusations Of Discrimination
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Short seller says Lemonade website bug exposed insurance customers’ account data
An activist short seller has written a letter to the chief executive of insurance giant Lemonade with details of an “accidentally discovered” security flaw that exposes customers’ account data.
Carson Block, founder of investment research firm Muddy Waters Research, sent the letter to Lemonade co-founder and chief executive Daniel Schreiber on Thursday, describing the bug that allowed anyone to inadvertently access personally identifiable data from customers’ accounts as “unforgivably negligent.”
Block’s letter said: “By clicking on search results from public search engines, we shockingly found ourselves logged in to and able to edit Lemonade customers’ accounts without having to provide any user credentials whatsoever.”
WKBT
April 26, 2021 8:00 AM Sarah Schlichter
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Could you afford to replace your entire wardrobe if your apartment caught fire? What about your phone, your laptop and all your furniture? If the answer is no, you probably need renters insurance.
“Renters insurance can’t stop awful things from occurring, but it can make life a little easier if and when they do occur,” Yael Wissner-Levy, vice president of communications at the insurance company Lemonade, said by email.
And the coverage may cost less than you expect in fact, some tenants could pay next to nothing. Find out why you may want renters insurance and how affordable it can be.
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