Porch’s HOA placed under temporary supervision by TDI
Reinsurance News - Sep 06, 2023
Porch Group has announced that its insurance carrier, Homeowners of America Insurance Company (HOA), has been placed under temporary supervision by the Texas Department of Insurance (TDI) with regard to its exposure to the Vesttoo-linked letter of credit fraud, though has now replaced 84% of reinsur...
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