Category: FirstTimeInsurer.com

Hippo Strengthens Position as Insurtech Leader in Home Insurance

PALO ALTO, Calif.–(BUSINESS WIRE[1])–Hippo[2], the high-growth insurtech group that’s transforming home insurance, has proven that a deep focus on customer experience can transform an industry and drive growth. Hippo Enterprises closed $150 million in Series E funding, valuing its business at $1.5 billion post-financing. Hippo’s innovative home insurance model includes world-class customer experience and services that proactively identify and help...

READ MORE Hippo Strengthens Position as Insurtech Leader in Home Insurance

Trump suspends mortgage rule designed to help first-time homebuyers

As one of his first priorities after taking oath today, President Donald Trump suspended a January 9 rule from the Department of Housing and Urban Development that was meant to reduce the cost of mortgage insurance for first-time homebuyers. CNBC Now first reported[1] the move, and the original press release announcing the January 9 rule has already been replaced[2] with...

READ MORE Trump suspends mortgage rule designed to help first-time homebuyers

IBC: Homeowners’ insurance may soon contain a COVID-19 exclusion

The Insurance Bureau of Canada[1] (IBC) is reminding homeowners that their insurance policies may soon carry exclusions for communicable diseases, like COVID-19. At present, only one insurance company has added the communicable disease exclusion to a home insurance renewal policy, but IBC believes more insurers will soon follow suit. Speaking to CBC News, IBC Atlantic vice-president Amanda Dean explained that...

READ MORE IBC: Homeowners’ insurance may soon contain a COVID-19 exclusion

Generated by Feedzy