Underwriting
Metromile, Hippo Partner on Home/Auto Bundled Insurance Cover
Metromile and Hippo Insurance are partnering to offer consumers home and auto insurance protection by way of a new bundled discount. Hippo, based in Palo Alto, is an MGA focused on digital homeowners ...
An Alternative View: Crediting Credit Scores
While InsurTechs like Loop and Buckle are trying to reshape the future of insurance without using credit scores to underwrite or price policies, the rest of the industry has yet to embrace the ...
Private Firefighters Highlight Inequities in California Wildfire Battles
Last October, firefighter Ryan Bellanca and his crew battled to keep the raging Glass Fire from devastating an upmarket Napa Valley vineyard.
But Bellanca wasn't ...
Car Insurance Comparison Site Jerry Raises $28M
Jerry- a car insurance comparison site centered around AI and machine learning – has raised $28 million in new financing. The Palo Alto, Calif.-based startup, which operates as a licensed insurance ...
Around 30 Percent of Eurozone Corporate Loans Exposed to Climate Hazards
Eurozone banks face potential climate hazards such as floods and droughts on up to a third of their loans to companies, with lenders in Greece, Portugal and Spain among the most exposed, the European ...
Does Cyber Insurance Protect Against Hackers or Attract Them?
The ransomware attack on Colonial Pipeline Co. that caused gasoline shortages along the U.S. East Coast also sparked a debate about whether cyber insurance helps protect against marauders — or ...
‘Modest Improvement’ for Commercial Auto Could Lead to Break-Even 2021: Fitch
Commercial auto insurance is on the road to "modest improvement" for 2021, thanks to both rising rates and a pandemic-related reduction in driving, according to a new Fitch Ratings report. Fitch said ...
Metromile Hires Capital One Vet to Guide National Digital Insurance Growth Efforts
Metromile, a digital insurance platform and pay-per-mile auto insurer, hired a Capital One marketing veteran to help shepherd national growth. Troy Dye, who was with the credit card giant for 20 ...