Porch Group has transitioned to a fee-and-commission manager model, structurally mirroring Erie Indemnity. Read more on PRCH ...

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 ...

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 ...

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 ...

A reciprocal insurer is an insurance association owned by its policyholder-members who spread risk by pooling their risks together. This reciprocal exchange structure has been utilized by other ...

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)--The November issue of Best’s Review investigates the recent proliferation of reciprocal insurance exchanges: Also included: Best’s Review is AM Best’s monthly 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 ...

The Texas Department of Insurance (“TDI”) adopted new administrative rules for reciprocal reinsurers that took effect on January 1, 2022. According to TDI, the goal of the new reinsurance regulations ...