{"schema_version":"secwatch.filing_event.v1","accession":"0001784535-23-000034","form_type":"8-K","ticker":"PRCH","cik":"0001784535","company_name":"Porch Group, Inc.","filed_at":"2023-09-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.225402+00:00","generated_at":"2026-06-10T07:43:50.174475+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Porch Group invests $57M in HOA insurance carrier; receives $49M surplus note and Vesttoo claim rights","bullets":["Porch invested $57M cash in HOA, receiving a $49M surplus note and HOA's rights to claims stemming from Vesttoo fraud.","HOA remains under Texas Department of Insurance supervision; Demotech withdrew its financial stability rating.","Porch holds $358M unrestricted cash and investments; $192M at HOA as of June 30, 2023.","Company appointed to Vesttoo unsecured creditors committee, intends to pursue recovery.","HOA continues actions on premiums, price increases, and non-renewal of high-risk policies."],"urls":{"canonical":"https://secwatch.observer/filing/0001784535-23-000034","json":"https://secwatch.observer/filing/0001784535-23-000034.json","markdown":"https://secwatch.observer/filing/0001784535-23-000034.md","text":"https://secwatch.observer/filing/0001784535-23-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784535/000178453523000034/0001784535-23-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784535/000178453523000034/prch-20230927.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T07:43:50.174475+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"}