Richard McCathron Archives - Carrier Management

Bigger Than a Hippo: State Farm Invests $1.2B in ADT; Hippo Reacts

State Farm and ADT, a smart home technology provider, announced yesterday that State Farm will make a $1.2 billion equity investment in ADT, a move that will give the nation's largest insurer a 15 ...

Is InsurTech Hype or Not?

Although more than 6,000 people attended this year's InsureTech Connect conference in Las Vegas, three words uttered by one well-known attendee got the most attention from readers of Carrier ...

Company	Symbol	Close	1 Day Chg
Lemonade, Inc.	LMND	$74.26	+8.47%
Root, Inc.	ROOT	$62.08	+7.63%
Goosehead Insurance, Inc.	GSHD	$66.17	+3.37%
Slide Insurance Holdings, Inc.	SLDE	$17.64	+2.98%
Hippo Holdings Inc.	HIPO	$29.50	+2.01%

Company	Symbol	Close	1 Day Chg
The Allstate Corporation	ALL	$207.55	-3.55%
Horace Mann Educators Corporation	HMN	$43.18	-3.31%
The Progressive Corporation	PGR	$202.29	-2.54%
Enact Holdings, Inc.	ACT	$43.17	-2.31%
NI Holdings, Inc.	NODK	$13.57	-1.52%

* As of February 6, 2026; Source: S&P Global Market Intelligence

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Bigger Than a Hippo: State Farm Invests $1.2B in ADT; Hippo Reacts

Is InsurTech Hype or Not?