United Insurance Holdings Corp.® (UIHC)
serves as the holding company for United Property & Casualty Insurance Company and
its affiliated companies. Collectively, including United Insurance Holdings Corp.,
we refer to these entities as “UPC Insurance,” which is the preferred brand identification
we are establishing for our company. UPC Insurance is primarily engaged in the homeowners
property and casualty insurance business in the United States.
We currently write in Connecticut, Florida, Georgia,
Hawaii, Massachusetts, Louisiana,
New Jersey, New York, North Carolina, Rhode Island,
South Carolina, and Texas.
We are also licensed in Alabama, Delaware, Maryland, Mississippi, New Hampshire and Virginia. UPC plans to expand into additional states throughout the country
(view map). Our target market currently
consists of areas where the perceived threat of natural catastrophe has caused large
national insurance carriers to reduce their concentration of policies. In such areas
we believe an opportunity exists for UPC Insurance to write profitable business.
We manage our risk of catastrophic loss primarily through sophisticated pricing
algorithms, avoidance of policy concentration, and the use of a comprehensive catastrophe
reinsurance program... More >>