Dan Preston News

Metromile Inc., the pay-per-mile auto insurer, has reached a deal to go public by merging with Insu Acquisition Corp. II (Insu II), a special purpose acquisition company (SPAC). The merger will result in Metromile becoming a publicly listed company without …

Intact Financial Corp. has made a strategic investment in Metromile, a San Francisco-based provider of pay-per-mile car insurance. Toronto-based IFC, which is the largest provider of property & casualty insurance in Canada, said the venture is in line with its …