July 28, 2023
Efforts by Universal Insurance Holdings, the publicly traded parent company of one of Florida’s largest property and casualty insurers, to shed policies, spread risk and raise rates appears to have paid off so far in 2023. And recent legislative changes …
February 27, 2023
Universal Insurance Holdings Inc. (UVE), parent company of Universal Property & Casualty Insurance Co., last week reported net income of $25.1 million in its fourth quarter, a sharp increase from the previous quarter. On a per-share basis, the Fort Lauderdale, …
August 25, 2020
The wholly-owned subsidiary of Universal Insurance Holdings, Inc.’s Universal Property & Casualty Insurance Co. (Universal Property), has received a certificate of authority in Tennessee, approving Universal Property as a licensed insurance entity in Tennessee. According to Universal Insurance Holdings, Inc. …
June 24, 2019
Universal Insurance Holdings Inc. subsidiary, Universal Property & Casualty Insurance Co. (Universal Property), has received a Certificate of Authority in to operate as a licensed insurance entity in Wisconsin. Universal Insurance Holdings (UVE) is a holding company offering property/casualty insurance …
March 26, 2019
Universal Property & Casualty Insurance Co. (Universal Property), a subsidiary of Universal Insurance Holdings Inc., has entered the market for homeowners insurance in Illinois. The company is now offering homeowners insurance in 18 states. Universal Property policies may be purchased …
April 6, 2018
Universal Insurance Holdings Inc.’s wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has commenced operations and written its first homeowners policy in New Hampshire. It has also launched Universal Direct, the direct-to-consumer online platform for UPCIC products, in the …
October 17, 2017
Universal Insurance Holdings Inc. has announced that its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has written its first homeowners policy in New York. The company also announced the official launch of Universal Direct, the direct-to-consumer online platform …
April 1, 2016
Universal Insurance Holdings Inc. subsidiary, Universal Property & Casualty Insurance Co. (UPCIC), has written its first homeowners insurance policy in Michigan, the company announced. The initial policy was written after Michigan Department of Insurance and Financial Services approved UPCIC’s homeowners …
June 9, 2015
Florida-based Universal Insurance Holdings Inc. announced that the Michigan Department of Insurance issued a Certificate of Authority to Universal Property & Casualty Insurance Co. (UPCIC), establishing UPCIC as a licensed insurance entity in Michigan. In addition to Florida, UPCIC is …
June 3, 2015
Universal Insurance Holdings Inc. announced that the Pennsylvania Insurance Department has approved the homeowners insurance rates and forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), and that UPCIC has subsequently written its first homeowners insurance policy …