Porch forms homeowners insurance reciprocal exchange and sells HOA for $105m

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Reinsurance News - Jan 07, 2025

Porch Group, a homeowners insurance and vertical software platform, has completed the formation of Porch Insurance Reciprocal Exchange (PIRE), a new homeowners insurance reciprocal exchange, alongside the sale of Homeowners of America Insurance Company (HOA) to PIRE. This follows Porch receiving app...

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