SEATTLE--(BUSINESS WIRE)-- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced the completed formation of the Porch ...

Property insurers have faced significant headwinds in recent years due to the combination of severe weather events, inflation, volatility in reinsurance availability and pricing, regulatory ...

eMaxx, a Specialty Managing General Agent and Attorney-in-Fact providing commercial property & casualty (re)insurer solutions through policyholder-owned alternative risk insurance programs, has ...

SEATTLE, March 20, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that its insurance ...

OLDWICK, N.J.--(BUSINESS WIRE)--A hardening of traditional insurance markets and market dislocations have led to the rise in newly established reciprocal insurance exchanges, particularly in ...

KBRA assigns a BBB insurance financial strength rating (IFSR) to Loggerhead Reciprocal Interinsurance Exchange. The Outlook is Stable. Previously, the BBB IFSR was preliminary and unpublished since ...

Darren Craft, founder of Worth Insurance, said that reciprocal insurance exchanges are designed to offer more affordable and comprehensive coverage than traditional insurers. "Many reciprocal ...

Trident Reciprocal Exchange (“Trident” or “the Reciprocal”) is a de novo reciprocal exchange recently established to write homeowners’ insurance in Florida. The rating reflects Trident’s low ...

U.S. insurance reciprocals — noncorporate statutory entities in which subscribers mutually agree to insure one another — should note recent action by a senior regulatory body that could limit fees ...

Policyholder-owned insurance exchanges are filling voids left by traditional insurers. But some are low on cash to pay excessive claims. Homeowners in the South are increasingly buying property ...