Hippo stock drops sharply in wake of Q1 earnings report
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Hippo stock drops sharply in wake of Q1 earnings report

Shares were down as much as 20% after Hippo posted a $48mn loss.

By Adam Kovac
May 08, 2025
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Hippo’s share price was down sharply on Thursday morning, with the InsurTech’s stock falling close to 20% at one point, after the company posted a $48mn loss for Q1 2025, largely resulting from the LA wildfires.

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Topics

News Hippo Personal lines Homeowners' insurance Earnings InsurTech Catastrophe losses Insurers North America
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