home insurance Archives - Carrier Management

How Inflation Is Driving Up Loss Costs for Auto, Home Insurers

The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5 percent inflation rate announced last week. Perhaps that ...

Home Insurers Struggle With Customer Loyalty in Changing Housing Market: J.D. Power

Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of baby boomers migrating from home ownership to renting, ...

Climate Change Could Force 200 Million People to Abandon Their Homes by 2050

Climate change could push more than 200 million people to leave their homes in the next three decades and create migration hotspots unless urgent action is taken to reduce global emissions and bridge ...

UK Insurers Hit With Final Warning Over Car, Home Policies

Insurers in Britain that are not ready to implement tougher 'value for money' rules on car and home policies could face disciplinary action, the Financial Conduct Authority said on Wednesday. The FCA ...

COVID-19 Helping to Push Millennials Out of Housing Market: Legal & General Study

Home insurers should take note: the COVID-19 pandemic has apparently helped to dampen home ownership plans for U.S. millennials, according to a new Legal & General Study looking at the market ...

Ohio Mutual Insurance Group and SimpliSafe to Partner on Risk Mitigation Initiative

Regional insurer Ohio Mutual Insurance Group is partnering with home security systems maker SimpliSafe to offer preventative smart home protection against major insurance perils to homeowners in ...

Ally Financial Will Offer Home Insurance Policies Via Hippo Partnership

U.S. online bank Ally Financial has agreed to backstop home insurance policies provided by Hippo Holdings Inc, providing capital for the latter to generate more business, the ...

Canada P/C Giant Intact Financial Joins $35M Financing for ‘Tech-Enabled’ Real Estate Brokerage

Canadian P/C insurance giant Intact Financial Corp. joined a $35 million venture capital investment for Properly, a "tech-enabled" real estate brokerage. Intact Ventures participated in the Series B ...

InsurTech Kin Reportedly Talking With ‘Shark Tank’ Judge About SPAC Merger

Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led by recurring "Shark Tank" guest judge Matt Higgins, according ...

Hippo to Go Public Through Reverse Merger Valuing Company at $5B

Hippo has become the latest InsurTech with plans to go public through a reverse merger transaction with a Special Purpose Acquisition Company. The startup – an MGA focused on digital homeowners ...