United Insurance Holdings Corp., a property and casualty insurance holding company, has announced that United Property & Casualty Insurance Company (UPC), a wholly-owned subsidiary, was approved to begin writing property and casualty insurance in the state of South Carolina as an admitted carrier.
The company also announced that, effective July 1, 2010, UPC has agreed to assume a $5 million and growing book of business in South Carolina from Sunshine State Insurance Company.
“We announced in February that we would be submitting applications to write business in South Carolina and six other states,” said Don Cronin, United’s CEO. “We have now received approval to begin writing in South Carolina, which provides us with an opportunity to expand our geographic footprint outside of Florida.”
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