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Lessors of planes stuck in Russia since the onset of sanctions have warned insurers of possible claims.
Consumers getting policies from the California FAIR Plan climbed about 25% in 2020.
The acquisition would be the first for Lemonade, which is aiming to bolster its bundled offerings.
The billionaire's pick to lead Berkshire Hathaway has wide remit overseeing all non-insurance businesses at the conglomerate.
Hippo is the latest InsurTech to use a special purpose acquisition company to go public, with the combined entity valued at $5B.
Thousands of claims from vehicles, homes and businesses are rolling in from Texas and other states as crippling winter weather continues.
The InsurTech is reportedly following the steps of competitor Lemonade, which had 2020's strongest IPO debut.
Grappling with a climate emergency, insurance companies say they can't pay for catastrophic losses.
Small filmmakers are facing an 'insurance crisis' as they are forced to ground uninsured projects.
The cuts will help 'create a more competitive auto insurance price,' says CEO Tom Wilson.