Population movements and extreme weather will push up home insurance rates: Hippo CEO
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Population movements and extreme weather will push up home insurance rates: Hippo CEO

Eli Rallo
June 23, 2021
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Hippo logo palo alto new.jpg

The movement of populations into areas hit by natural catastrophes, while states effectively force carriers to insure the risks to people’s homes, will drive up home insurance rates according to Hippo CEO Assaf Wand.

Speaking at the Future of Insurance 2021 conference, held virtually, the home insurer’s CEO said that with more people moving into areas which were previously scarcely occupied, state governments are looking to insurers as a source to subsidize the...

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