Lemonade, First American Financial, Selective Insurance Group, Fidelity National Financial, and Jackson Financial Shares Are Falling, What You Need To Know

What Happened?

A number of stocks fell in the afternoon session after the Dow Jones Industrial Average fell as much as 0.7%, reflecting lingering uncertainty, and capping off a volatile week which saw stocks enjoy some relief as President Donald Trump reduced tensions with European allies by backing off his threat of imposing new tariffs. 

Threats of tariffs initially created uncertainty for businesses, as they can lead to higher costs for multinational corporations and disrupt global supply chains. By withdrawing the threat, the administration removed a significant headwind for the market, prompting a relief rally. This development was a key factor in helping major indexes recover from earlier losses, even as some analysts noted that underlying geopolitical risks and market volatility remain concerns for investors.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Property & Casualty Insurance company Lemonade (NYSE:LMND) fell 3.3%. Is now the time to buy Lemonade? Access our full analysis report here, it’s free.
• Property & Casualty Insurance company First American Financial (NYSE:FAF) fell 2.5%. Is now the time to buy First American Financial? Access our full analysis report here, it’s free.
• Property & Casualty Insurance company Selective Insurance Group (NASDAQ:SIGI) fell 2.9%. Is now the time to buy Selective Insurance Group? Access our full analysis report here, it’s free.
• Property & Casualty Insurance company Fidelity National Financial (NYSE:FNF) fell 2.6%. Is now the time to buy Fidelity National Financial? Access our full analysis report here, it’s free.
• Life Insurance company Jackson Financial (NYSE:JXN) fell 2.5%. Is now the time to buy Jackson Financial? Access our full analysis report here, it’s free.

Zooming In On Lemonade (LMND)

Lemonade’s shares are extremely volatile and have had 61 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 1 day ago when the stock gained 13.1% on the news that it launched a first-of-its-kind insurance product for Tesla vehicles using Full Self-Driving (FSD) technology, offering a roughly 50% reduction in per-mile rates. 

The stock's rise was a continuation of gains from the previous trading session, when the company first announced its "Lemonade Autonomous Car" insurance. The new offering was the result of a partnership with Tesla, which gave Lemonade access to previously unavailable vehicle data. According to the company, this data indicated that Teslas driven with FSD were involved in far fewer accidents. By pricing insurance based on actual usage and the increased safety of autonomous driving, Lemonade aimed to offer a more fair and affordable product. The company planned to first make the new insurance available in Arizona, followed by Oregon.

Lemonade is up 22.4% since the beginning of the year, and at $92.95 per share, it is trading close to its 52-week high of $96.57 from January 2026. Investors who bought $1,000 worth of Lemonade’s shares 5 years ago would now be looking at an investment worth $615.66.

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