Hippo
-
The decision to pull back from some business in the meantime will cause “additional [total gross premium] declines in 2024,” the executive said.
-
The Inside P&C news team runs you through the earnings results for the day.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The decision is expected to incur charges of approximately $2.2mn to $2.7mn for severance, benefits and related costs in cash expenditures during Q4 2023, the company wrote in a regulatory filing.
-
In August 2022, the company announced plans to cut around 10% of its staff in a bid to improve efficiencies amid challenging market conditions for InsurTechs.
-
Sources said the fronting company has drawn the interest of private equity firms, including Summit Partners.
-
Inside P&C’s news team brings you all the top news from the week.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Worsening results in key states and belated rate action weigh against a shifting business model, making the path to profitability unclear.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The shareholders are among the company’s top 10 largest and hold nearly 2.5% of outstanding shares.
Most Recent
-
AIG to raise $718mn from Corebridge secondary offering
December 01, 2023 -
Citizens Property Insurance targeted in Senate Budget Committee probe
December 01, 2023 -
M&A weekly roundup: USI, King, Higginbotham and more
December 01, 2023 -
PCF Insurance Services’ Foy passes CEO baton to Morgan
December 01, 2023