Florida-based homeowners insurer United Property & Casualty Insurance Company (UPC) has announced it is leaving several states in 2023, including Louisiana where it has approximately 36,000 policyholders.
UPC will begin non-renewing its policies in 2023, the Louisiana Department of Insurance announced this week.
LDI said about 33,000 UPC policyholders whose current policy term is scheduled to end in 2023 will receive written notification of non-renewal from UPC at least 30 days before their coverage end date.
LDI said UPC is extending coverage for its approximately 3,000 policyholders whose current policy term is scheduled to end between November 26 and December 31, 2022. UPC will send those policyholders an invoice for the extended coverage period and a notice of non-renewal at least 30 days before their extended coverage end date.
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