Regulators place Porch’s insurance subsidiary under supervision

Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co. Continue reading

Porch buying spree continues with $33M RWS acquisition

Porch closed its latest acquisition days after parting ways with its CFO upon discovering weaknesses in financial reporting that prevented it from filing its 2021 annual report on time. Continue reading

Porch launching ‘pay-at-close’ program for home inspections

Since going public in a December 2020 merger with a special purpose acquisition company, Porch has continued to grow through acquisitions. Continue reading