Priceline is offering a new “sunshine guarantee” over the summer that refunds 100% of airfare, hotel and car rental charges booked through them if your vacation gets rained on. It only applies to certain destinations, and it has to rain .5 inches per day for at least half the trip, but there is no additional fee for the insurance. My guess is a few people may actually try to book a… → Read More
San Francisco-based weather insurance site WeatherBill has taken $12.5 million in a round led by New Enterprise Associates and Index Ventures. Original investors Allen & Company, Atomico Investments (Skype founder Niklas Zennstrom), del.icio.us founder Joshua Schachter and Howard Morgan also participated. Barney Schauble, a partner at Nephila Capital and WeatherBill’s risk capacity partner… → Read More
San Francisco based WeatherBill, the service which lets you bet on the weather (it can also be used for insurance), took down their landing page and launched today. We wrote about the company two weeks ago while it was in private beta. WeatherBill is combining an ecommerce site with a complicated weather forecasting algorithm to sell weather insurance policies to individuals and businesses. The… → Read More
David Friedberg, a former Googler, is set to launch an ambitious new site called WeatherBill, headquartered in San Francisco, in the next few weeks. WeatherBill won’t be a consumer site; rather, they are combining an ecommerce site with a complicated weather forecasting algorithm to sell weather insurance policies to individuals and businesses. And having a business isn’t a requirement… → Read More
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