Nov. 5 at 4:22 PM
$LMND Lemonade has been a beautiful trade. Another trade in the insurance sector to consider is
$SLDE Slide Insurance. A fairly new Florida homeowners insurance company, Slide already has gained significant market taking over policies from the state owned Citizens Insurance. They have state approval to take an additional 75,000 policies from Citizens Insurance - premium not yet booked in the prior quarter's results.
This hurricane season has been mild in Florida, with another few weeks left. If no new storms hit, Slide should see significant profits and blue skies.
Earnings are tonight after market close.
Reference: https://floir.com/docs-sf/default-source/orders/property-and-casualty/2025/slide-insurance-company-consent-order-(07-18-2025).pdf?sfvrsn=5aaaf251_1