United Property and Casualty Insurance Company (UPC), a homeowners insurer, has been approved by the Rhode Island Department of Business Regulation to write property and casualty insurance in the state as an admitted carrier.
UPC is a wholly-owned subsidiary of United Insurance Holdings Corp., a property and casualty insurance holding company.
This brings the total number of states in the U.S. covered by UPC to four, along with Florida, Massachusetts and South Carolina.
The UPC subsidiary is in varying stages of discussion with other state insurance regulatory authorities regarding its desire to write property insurance in those states.
Source: About United Insurance Holdings Corp.
Was this article valuable?
Here are more articles you may enjoy.
Mythos Myths: Good Guys Hold More Cybersecurity Cards, Insurer CEO Says 
Americans Are Inundated With Scams. Why Do So Few Victims Report Them? 
Driving an EV in These US States Saves the Most Money 
California and US West Threatened by Wildfires Over Coming Days 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.