Porch | Jotup

Dutch Boy® Paints Enhances Porch and Floor Paint Collection

Retrieved on:

Thursday, February 15, 2024

Collection, Twist, Menards, Traction, Porch, Paint, Wood, Floor, DIY, System, Element

CLEVELAND, Feb. 15, 2024 /PRNewswire/ -- As homeowners explore innovative ways of elevating their home, Dutch Boy® Paints unveils the latest update to its product lineup—a next-generation Porch and Floor Paint + Primer. Whether it's porches, basements or breezeways, Dutch Boy® Paints' Porch and Floor Paint + Primer is a simple, cost-effective solution for DIYers looking to enhance and protect indoor and outdoor living spaces.

Key Points:

The new formulas are an evolution of Dutch Boy® Paints' currently acclaimed Porch and Floor Paint + Primer products.
The enhanced Dutch Boy® Paints Porch and Floor Paint + Primer line features both a standard porch and floor paint, as well as a skid-resistant option, providing added traction.
Dutch Boy® Paints' Porch and Floor Paint + Primer is tintable to all Dutch Boy® paint colors and can be color-matched, allowing for customization and personalization.
Visit Porch & Floor Paint + Primer | Dutch Boy or Menards retail locations to explore the full collection.

Porch Group Announces New Warranty Partnerships and Products

Retrieved on:

Tuesday, December 5, 2023

Software, Construction & Property, Insurance, HVAC, Professional Services, Technology, Manufacturing, Residential Building & Real Estate, Ventilation, Acquisition, Air conditioning, NerdWallet, Partnership, Heat, Growth, Warranty, Porch

Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced new partnerships and products in its warranty business (“Warranty”).

Key Points:

Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced new partnerships and products in its warranty business (“Warranty”).
Warranty has grown profitably over the last two years and now offers products in 49 states.
To reach more new customers, Porch’s warranty business recently signed agreements with distribution partners NerdWallet, Inc., Lone Star Insurance Services and an insurance agency, to offer its whole home Porch Warranty product to their customers.
These new partnerships and products will continue to differentiate us, provide long-term advantage and position us to become a leader in this space.

Porch Group announces cash investment in HOA, its insurance carrier

Retrieved on:

Wednesday, September 27, 2023

Insurance, Chapter 11, Title 11, United States Code, Texas Department of Insurance, Acquisition, Investment, Fraud, Demotech, TDI, Home insurance, Cryptocurrency, Porch, HOA

SEATTLE, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced a cash investment of $57 million to its insurance carrier subsidiary, Homeowners of America Insurance Company (“HOA”), in exchange for both a $49 million surplus note from HOA and the acquisition of HOA’s rights to potential claims stemming from the fraud connected to Vesttoo Ltd. (“Vesttoo”) and others.

Key Points:

SEATTLE, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced a cash investment of $57 million to its insurance carrier subsidiary, Homeowners of America Insurance Company (“HOA”), in exchange for both a $49 million surplus note from HOA and the acquisition of HOA’s rights to potential claims stemming from the fraud connected to Vesttoo Ltd. (“Vesttoo”) and others.
Porch announced on September 5, 2023 that HOA is under supervision by the Texas Department of Insurance (“TDI”) following the release of HOA’s statutory accounts for the quarter ending June 30, 2023.
Porch has worked closely with the TDI to restore surplus to an appropriate level.
At June 30, 2023, the Company held $358 million of unrestricted cash and investments, including $192 million at HOA, and $166 million in other Porch businesses and corporate.

Porch Group announces an update in HOA, its insurance carrier

Retrieved on:

Tuesday, September 5, 2023

Insurance, White Rock, Texas Department of Insurance, Aon, Investment, White, TDI, Home insurance, Reinsurance, Porch, HOA

SEATTLE, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that its insurance carrier, Homeowners of America Insurance Company (“HOA”), was placed under temporary supervision by the Texas Department of Insurance (“TDI”).

Key Points:

SEATTLE, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that its insurance carrier, Homeowners of America Insurance Company (“HOA”), was placed under temporary supervision by the Texas Department of Insurance (“TDI”).
Porch disclosed in its second quarter 2023 earnings release that HOA had a reinsurance contract with White Rock Insurance SAC Ltd, an Aon subsidiary (“Aon White Rock”) for which Vesttoo Ltd (“Vesttoo”) arranged capital.
While the allegations first surfaced in July, the write-off was made in the June 30, 2023 financials.
We view TDI’s supervision order as a sensible action for a regulator to take given Vesttoo’s wide-spread impact on the insurance industry.

Porch Group announces changes to existing Independent Board member appointments

Retrieved on:

Tuesday, June 13, 2023

Insurance, Lead, Aviva, Audit committee, Texas Department of Insurance, Risk management, Independent director, Committee, Independent Board for Presbyterian Foreign Missions, Knowledge, Professional Football Compensation Committee, Compensated emancipation, Nomination, Management, Porch

SEATTLE, June 13, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced changes to existing Independent Board member appointments.

Key Points:

SEATTLE, June 13, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced changes to existing Independent Board member appointments.
The Nomination and Corporate Governance Committee (the "Committee") regularly reviews the composition of each Board Committee, including skills, knowledge, experience, and diversity.
Alan Pickerill (previously Chair of the Audit Committee) has been appointed as Lead Independent Director and will step down from the Audit Committee.
Sean Kell (previously a member of the Compensation Committee) becomes Chair of the Compensation Committee and joins the Audit Committee as a member.

The Trough Sandwich Kitchen & Maldon’s Bistro Become Latest Eateries to Make Debut at Award-Winning Eighteen Main & Centerview in Irvine

Retrieved on:

Wednesday, May 10, 2023

The Trough joins Goldfinch , Izakaya Osen , KIT Coffee , SOL Mexican Cocina , Maldon’s Bistro and award-winning Porch & Swing , at Centerview.

Key Points:

The Trough joins Goldfinch , Izakaya Osen , KIT Coffee , SOL Mexican Cocina , Maldon’s Bistro and award-winning Porch & Swing , at Centerview.
The Trough, known for its fresh specialty sandwiches, bowls, and breakfast burritos, is The Blind Pig Restaurant Group’s fifth eatery in Orange County.
“We are thrilled to welcome The Trough and Maldon’s Bistro to our curated mix of dining options at Eighteen Main and Centerview,” said Justin Nguyen, vice president, asset management, EMMES Realty Services of California, LLC.
We have been successful in attracting businesses and employees to Centerview with our award-winning and convenient amenities.”

Porch Group files application to form a reciprocal insurance exchange

Retrieved on:

Monday, March 20, 2023

Texas Department of Insurance, Reciprocal, Farmers Insurance Group, Growth, Weather, TDI, Home insurance, Farmer, Insurance, Porch

SEATTLE, March 20, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that its insurance business, Homeowners of America (“HOA”), has filed an application to form and license a Texas reciprocal insurance exchange (a “Reciprocal”) with the Texas Department of Insurance (“TDI”).

Key Points:

SEATTLE, March 20, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that its insurance business, Homeowners of America (“HOA”), has filed an application to form and license a Texas reciprocal insurance exchange (a “Reciprocal”) with the Texas Department of Insurance (“TDI”).
If approved and fully implemented by Porch, its insurance underwriting business would be conducted exclusively through the Reciprocal.
The formation of the Reciprocal is an initial step in Porch’s long-term strategy to reduce its exposure to earnings volatility from its Insurance segment by mitigating direct exposure to insurance claims and weather events.
This reciprocal exchange structure has been utilized by other homeowner insurance businesses such as Farmers Insurance.

Schneiders knocks hot dogs right out of the park and onto the Porch

Retrieved on:

Friday, March 3, 2023

Blue Jay, Toronto Blue Jays, Maple Leaf Foods, MFI, TSX, Rogers Centre, Maple syrup, Tourism, Hunting, Porch

"The Schneiders Porch is designed true to the brand's authentic recipes, high craftsmanship standards, and irresistible taste."

Key Points:

"The Schneiders Porch is designed true to the brand's authentic recipes, high craftsmanship standards, and irresistible taste."
Fans will be welcomed to the Porch to taste delicious hot dog menu selections only available from the Porch concession at section 209.
The Porch will now also officially be Loonie Dogs Central, complete with a Loonie Dogs counter.
As the official hot dog of the Toronto Blue Jays since 2012, Schneiders is excited to provide this experience to hot dog fans across the country with the introduction of the limited time Schneiders footlong hot dog retail product.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Porch Group, Inc. (PRCH) Investigation

Retrieved on:

Tuesday, February 21, 2023

Private investigator, Security (finance), Porch

Such investors who continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/prch .

Key Points:

Such investors who continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/prch .
The investigation concerns whether PropTech Acquisition Corporation failed to provide relevant information to its shareholders before the merger.
If you are aware of any facts relating to this investigation or hold Porch shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/prch .
You can also contact Peretz Bronstein or his Law Clerk and Clients Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Porch Group’s Inspection Support Network Launches App to Enable Homeowners to Easily Manage Their Home Using Their Inspection Report

Retrieved on:

Monday, November 14, 2022

Software, Technology, Apps, Applications, Investment, Software, Insurance, ISN, Online shopping, Inspection, Porch

The app allows inspectors to extend the value of their inspection by offering an interactive way for their clients to manage the information in their inspection reports.

Key Points:

The app allows inspectors to extend the value of their inspection by offering an interactive way for their clients to manage the information in their inspection reports.
Home inspectors using ISN do not need to change their existing inspection workflow or pay additional fees to offer the app to their clients.
The Porch app helps inspectors differentiate their business with home buyers and extend the value of the inspection report.
By pulling in key data about the home from the buyers home inspection report, the app empowers homeowners to easily choose which items from the inspection report they want to take action on (e.g.