Insurancenewsnet.com

Porch Group files application to form a reciprocal insurance exchange

SEATTLE, March 20, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, ...
Insurancenewsnet.com

Porch Group Files Reciprocal Exchange Application and Contributes PRCH Shares to HOA to Increase Surplus and Support Future Growth

Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced it has filed a new and updated application to form and license a ...
Morningstar

Best’s Market Segment Report: Amid Influx of Formations, Reciprocal Insurance Exchanges Represent Unique and Collaborative Structure

A hardening of traditional insurance markets and market dislocations have led to the rise in newly established reciprocal insurance exchanges, particularly in catastrophe-exposed homeowners’ insurance ...
Business Wire

KBRA Assigns IFSRs to Safepoint Insurance Company and Cajun Underwriters Reciprocal Exchange

NEW YORK--(BUSINESS WIRE)--KBRA assigns a BBB+ Insurance Financial Strength Rating (IFSR) to Safepoint Insurance Company and a BBB IFSR to Cajun Underwriters Reciprocal Exchange. The Outlook for all ...
Seeking Alpha

Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company

SEATTLE--(BUSINESS WIRE)-- Porch Group, Inc. (PRCH), a homeowners insurance and vertical software platform, today announced the completed formation of the Porch Insurance Reciprocal Exchange (“PIRE”) ...