Universal, AmCoastal Report Some Costs from Helene, Milton for Q3 October 28, 2024 By William Rabb One of Florida’s largest property insurers and one of its smaller carriers reported losses at least partly related to Hurricane...
Changes at American Coastal Insurance After Florida OIR Action on ‘No-Fly List’ July 1, 2024 By William Rabb Florida regulators’ effort to enforce a 2002 state law and keep insolvent insurers’ officers out of carrier leadership roles appears...
American Coastal Reports Profitable Q1 for This Year May 13, 2024 SAINT PETERSBURG, Fla. (AP) — American Coastal Insurance Corp. (ACIC) on Thursday reported first-quarter earnings of $23.6 million. The Saint...
American Coastal to Sell Interboro to Forza Holdings, Completing Personal Lines Exit May 13, 2024 American Coastal Insurance Corp. (ACIC) has agreed to sell its subsidiary Interboro Insurance Co., a New York domiciled insurer, to...
American Coastal, Once Affiliated with UPC, Has Buyer for Interboro in New York November 14, 2023 American Coastal Insurance Corp., formerly affiliated with Florida-based United Property & Casualty Insurance, announced it has a cash buyer for...
After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance August 1, 2023 By William Rabb Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of...
No Appraisal on Hail Damage When Coverage Is in Question, Appeals Court Says December 10, 2021 A property insurer has, for now, dodged an $18 million bullet on hail damage coverage for a South Florida condominium...
UPC Insurance, American Coastal Complete Merger April 11, 2017 United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, announced April 3 it has received all...
Florida Insurers UPC Insurance, American Coastal Insurance Enter Merger Agreement August 18, 2016 United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has entered into a merger agreement with...
BB&T Ups Stake in AmRisc Agency, Divests Insurer American Coastal April 2, 2015 Raleigh, North Carolina-based insurance broker BB&T Insurance Holdings Inc. has reached an agreement to significantly increase its partnership interest in...