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Best’s News & Research Service subscription required - September 29, 2023 11:40 AM (EDT)

Porch Invests $57 Million in HOA Subsidiary, Gaining Vesttoo Claims Rights

Insurtech Porch Group Inc. made a cash investment of $57 million to its insurance carrier Homeowners of America Insurance Co., in part to gain acquisition rights to potential Vesttoo Inc. . . .

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Insurtech Reinsurance Capital And Surplus Fraud Homeowners Insurance Fronting Claims


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