United Property & Casualty Insurance Co. (UPC) News

Florida’s Sunshine State Insurance Insolvent; UPC to Assume Policies

Florida regulators have taken over an insolvent domestic residential property insurer, but a deal is in the works for another private company to assume the insurer’s 37,000 policies. A Leon County Circuit Court judge issued an order earlier this week …

United Insurance to Acquire Florida’s Sunshine State Insurance

United Insurance Holdings Corp. (UPC) has agreed to acquire 100 percent of Sunshine State Insurance Co. (SSIC), a Florida domiciled property/casualty insurance company. SSIC, based in Jacksonville, Fla., offers homeowners, dwelling fire and federal flood insurance through 500 independent agents …

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 …

United Property & Casualty Approved to Write in Georgia

The Georgia Department of Insurance has approved United Property & Casualty Insurance Co. (UPC) to write property/casualty insurance in the state as an admitted carrier. This brings the total number of states in the U.S. where UPC is authorized to …