Universal Insurance Holdings Inc. in Fort Lauderdale, Florida, announced that its wholly-owned subsidiary Universal Property & Casualty Insurance Company (UPCIC) received a certificate of authority from the New Hampshire Insurance Department approving UPCIC as a licensed insurance entity in New Hampshire.
“We are pleased to have successfully completed the regulatory approval process to enter into the New Hampshire market. This marks the seventh new state we have received approval in this year,” said Sean P. Downes, chairman, president and chief executive officer of Universal Insurance Holdings Inc.
“We look forward to developing strong relationships with independent agents in New Hampshire and offering our insurance products to consumers as we build our business in the state,” Downes said.
UPCIC is one of the leading writers of homeowners insurance in Florida and is also licensed to offer its homeowners insurance products in Alabama, Delaware, Georgia, Hawaii, Indiana, Maryland, Massachusetts, Michigan, Minnesota, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia and now New Hampshire.
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