Spinnaker Insurance Co. News

Home Insurance MGA Hippo Completes Acquisition of Spinnaker Insurance Co.

Hippo, an insurtech managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Co., with an expansion into additional states next on its plate. The deal, first announced in June, follows a multi-year partnership between the …

Insurtech MGA Hippo to Buy Its Carrier Partner Spinnaker Insurance

Home insurance insurtech agency Hippo plans to acquire New Jersey-based Spinnaker Insurance Co., an insurer with which it has has had a three-year partnership. The deal, first reported by Carrier Management, is designed to help Hippo – a managing general …

Louisiana Citizens’ Policy Count to Drop Below 60K

Louisiana Insurance Commissioner Jim Donelon announced that the total policy count for the state’s property insurer of last resort is set to approach 54,500 with the most recent round of depopulation. That number represents a significant drop from a high …