Hippo appoints new chief data officer; insurtech partnerships: Insurance news
Hippo appoints new chief data officer and several insurtech partnerships, plus more insurance news.
J.D. Power: Rising premiums impacting customer loyalty
Forty-three percent of homeowners insurance customers who experienced a premium increase and say they are unlikely to renew cited the rising rates as the main reason.
Miami property insurance so costly that 20% skip getting it
Consumers are so concerned about rising costs that they often forego coverage altogether, according to two separate studies from Valuepenguin and Realtor.com.
Top insurtech funding rounds, August 2025
There were about 50 funding events in the insurtech sector in August 2025, according to a review by Digital Insurance.
Property insurance nears 10% of mortgage costs
Premiums for property insurance have risen over 69% since 2019, far outpacing other components of the monthly mortgage payment, ICE Mortgage Technology found.
New American launches insurance marketplace
The new affiliate, NAF Insurance Services, is teaming up with The Baldwin Group to offer a range of coverage from more than 50 carriers nationwide.
While LA burned, rules to protect homes from wildfires were on hold
More than six months after the LA catastrophe, officials have yet to complete regulations as wildfires burn across the state this week
Nigeria insurance stocks gain most in almost 20 years on new law
A gauge for the sector on the Lagos-based Nigerian Exchange has risen 41% this week, according to data compiled by Bloomberg.
Homeowners paying more for less insurance
More powerful storms and pricier building costs are behind the increases in premiums, said the report’s authors.
Distrust is a barrier to insurance adoption
Insurance companies must rebuild transparency with the people and businesses they serve.
