{"schema_version":"secwatch.filing_event.v1","accession":"0001784535-23-000019","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2023-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.225194+00:00","generated_at":"2026-06-11T00:06:25.692053+00:00","sec_items":["8.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Porch Group's HOA placed under temporary TDI supervision due to Vesttoo fraud","bullets":["HOA placed under temporary supervision by Texas Department of Insurance on Sept 5, 2023.","Vesttoo fraud led to $48.2M charge for doubtful accounts on reinsurance in Q2 2023.","HOA holds $192M unrestricted cash; secured $147M in supplemental reinsurance (84% replacement).","HOA continues day-to-day operations; writing new business, renewals, and paying claims under TDI oversight.","Company expects supervision to last until TDI is comfortable with HOA's post-Vesttoo financial position."],"urls":{"canonical":"https://secwatch.observer/filing/0001784535-23-000019","json":"https://secwatch.observer/filing/0001784535-23-000019.json","markdown":"https://secwatch.observer/filing/0001784535-23-000019.md","text":"https://secwatch.observer/filing/0001784535-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000178453523000019/0001784535-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000178453523000019/prch-20230905x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T00:06:25.692053+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}