United Insurance Holdings News

After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance

Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of its surviving insurer, as American Coastal Insurance Corp. The St. Petersburg, Florida-based holding company for now-defunct United Property & Casualty …

United Insurance Holdings Moves Forward With Specialty Commercial Business: CEO

United Insurance Holdings Corp. Corp. said it will move on to focus on specialty commercial lines business following news last month that its subsidiary United P&C Insurance Company (UPC) being was placed in receivership. During a short conference call to …

UPC Insurance Receives Approval to Acquire Interboro in New York

United Insurance Holdings Corp. (UPC Insurance), a property/casualty insurance holding company based in St. Petersburg, Florida, announced that it received formal approval from the New York State Department of Financial Services (NYDFS) to acquire Interboro Insurance Company. UPC Insurance first …

Florida’s United Insurance Holdings Nets $54M from Public Offering

United Insurance Holdings Corp., a property and casualty insurance holding company know as UPC Insurance, reported the closing of its previously disclosed $57.5 million underwritten public offering of 4,600,000 shares of its common stock. The St. Petersburg, Fla. company said …