Thank you for sharing!

Your article was successfully shared with the contacts you provided.

United Insurance Holdings Corporation (UPC) a Florida insurance company holding company whose United Property & Casualty Insurance Company (United P&C) subsidiary was recently downgraded to “M” Moderate by Demotech in July is placing the personal lines subsidiary into runoff. Demotech has also indicated that they intend to withdraw UPC’s ratings.

United P&C has filed its intent to withdraw with the departments in Florida, Louisiana and Texas. Louisiana has already approved the withdrawal. In addition they intend to file a plan with New York. The company also wrote in Georgia, South Carolina and North Carolina but has already sold its renewal rights and ceded its premiums and claims in those states.

This premium content is locked for
FC&S Expert Coverage Interpretation subscribers.

Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.

  • Quality content from industry experts with over 60 years insurance experience, combined
  • Customizable alerts of changes in relevant policies and trends
  • Search and navigate Q&As to find answers to your specific questions
  • Filter by article, discussion, analysis and more to find the exact information you’re looking for
  • Continually updated to bring you the latest reports, trending topics, and coverage analysis

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].

Bethany Akerman


Get Answers Directly From the FC&S Experts

Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.

Question of the Week

Insurance Coverage Q&A: Application of Hurricane Deductible to Dwelling and Personal Property ›

How is the hurricane deductible applied when there is damage to both the dwelling and personal property?

Question of the Week Archive ›

Copyright © 2022 ALM Global, LLC. All Rights Reserved.