InsurTech Hippo Lays Off 20% of Employees

InsurTech Hippo Holdings said it has "initiated an organizational realignment" by laying off about 120 employees, or 20 percent of its workforce.

More Signs of Life in Florida: New Insurers, More Citizens Takeouts

Florida's property insurance market is showing more signs of life, with another company requesting a large takeout order from Citizens Property Insurance and two new companies entering the arena.