Press Release: New Data Suggests Coronavirus Windfall for Texas Auto

Blog / Jun 23 2020 For Immediate Release: June 23, 2020    Texas Department of Insurance Must Take Action to Ensure Texans are Not Overcharged   AUSTIN, Texas — Six leading consumer advocacy groups joined together today, calling on the Texas Department of Insurance to take action to ensure Texas families are not charged excessive automobile insurance during the COVID-19 crisis....

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Morgan Stanley Launches Property & Casualty Insurance for High Net Worth Clients

NEW YORK–(BUSINESS WIRE[1])–Morgan Stanley today announced that it has teamed up with industry-leading insurance brokers HUB International, Marsh Private Client Services, and Willis Towers Watson to offer Property & Casualty (P&C) insurance. P&C insurance will be available for Morgan Stanley’s high net worth clients and their families to mitigate potential risks associated with property loss and general liability, and is...

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California Homeowners Insurance Legislation Will Raise Premiums By 40% across the State · Consumer Federation of America

Washington, D.C. – A package of homeowners insurance bills in Sacramento will lead to premium hikes of at least 40% across the state and increase the number of Californians who struggle to find coverage. In a letter to state legislative leaders[1], CFA’s Director of Insurance J. Robert Hunter – a nationally recognized actuary, former Federal Insurance Administrator, and former Insurance...

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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...

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