Porch Group has transitioned to a fee-and-commission manager model, structurally mirroring Erie Indemnity. Read more on PRCH ...
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 ...
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 ...
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 ...
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 ...
“We are extremely excited about the signing of the note purchase agreement with Gallatin Point, a leading financial services investor, which will enable the successful launch of BRIE with $110 million ...
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 ...
Porch Group, a homeowners insurance and vertical software platform, reveals that its first quarter 2026 financial results ...
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