Going forward, all insurance policies, premium and related claims, as well as all HOA assets and liabilities will be owned by PIRE.

Home Factors can provides insights regarding the type of piping, status of electrical systems, and type of flooring.

Porch will be the operator managing PIRE’s operations.

Inspection Support Network, a SaaS solution for inspectors offering easy-to-use tools, processed approximately 40% of all U.S. home inspections in 2023 alongside other Porch inspection brands.

Last month, Porch disclosed that it sold its in-house insurance agency.

Aon and Porch Group will work together to place 2024 reinsurance coverage.

The Texas Department of Insurance is satisfied with HOA’s capital surplus.

Porch invested $57 million.

The supervision order provides TDI with more visibility and control during uncertain periods and to ensure there are sufficient plans to build capital surplus at the carrier.

The New Notes offering and Existing Notes repurchase are expected to close concurrently on April 20, 2023.

The launch of the Reciprocal remains subject to review and approval by the TDI.

Last year, Porch announced that it was acquiring CSE.

Since Porch Group's acquisition of the insurer/MGA, HOA has launched its homeowners insurance operations in 14 new states.

The insurer is now available across 19 states.