Homeowners' insurance
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In The Car offers embedded auto insurance by integrating policies into dealership management systems. -
The cost comes in at $530.6bn, roughly $20mn lower than budgeted.
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The Pennsylvania-based insurer experienced a 10-day network outage this month.
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The Florida homeowners’ InsurTech went public today at $17 per share.
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Slide will also expand its footprint to New York and New Jersey towards the end of the year.
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The carrier is pricing shares at the upper end of the range announced this month.
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Florida regulators have also approved takeouts for Mangrove and Slide.
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This is up from last year’s $1bn protection for its Florida treaty.
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Lara approved an interim rate increase for the company just weeks ago.
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Hippo will also provide capacity for existing and future MSI programs.
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The regulator said further measures could still be passed in this session.
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The Floridian is the third insurance company to go public in 2025.
