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Best’s News & Research Service subscription required - August 10, 2023 11:00 AM (EDT)

Insurtech Porch Posts $48.2 Million Charge, Seeks Alternatives for Vesttoo-Linked Reinsurance

Insurtech Porch Group Inc. recognized a $48.2 million second-quarter charge and terminated a $175 million reinsurance contract linked with Vesttoo Ltd. as it seeks replacement reinsurance to cover . . .

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