Yahoo Web Search

Sign In

Search results

      • On February 16, 2023, Michael Yaworsky, the Interim Commissioner of the Florida Office of Insurance Regulation, found that UPC was “insolvent.” This means that UPC can’t pay all of its obligations, such as policyholder claims. UPC must now bring its business to an end and pay claims and bills with available money and assets.
      www.tdi.texas.gov › consumer › upc-liquidation-FAQ

      FAQ for policyholders of United Property & Casualty Insurance ...

  2. People also ask

  3. www.tdi.texas.gov › consumer › upc-liquidation-FAQFAQ for policyholders of United Property & Casualty Insurance ...

    Feb 27, 2023 · On February 16, 2023, Michael Yaworsky, the Interim Commissioner of the Florida Office of Insurance Regulation, found that UPC was “insolvent.” This means that UPC can’t pay all of its obligations, such as policyholder claims. UPC must now bring its business to an end and pay claims and bills with available money and assets. 3. What is ...

  4. www.insurancejournal.com › news › southeastAfter UPC Insolvency, Parent Company Rebrands to American ...

    Aug 1, 2023 · After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance. By William Rabb | August 1, 2023. Six months after its namesake insurance carrier was deemed insolvent, United ...

  5. www.law.com › dailybusinessreview › 2023/02/21Insolvent Insurer United Property & Casualty Headed to ...

    Feb 21, 2023 · UPC is expected to be insolvent as of December 31, 2022,” the Feb. 10 filing said.

  6. www.katc.com › news › covering-louisianaUPC is insolvent: What homeowners' policy holders need to know

    Feb 23, 2023 · Homeowners insurer United Property & Casualty Insurance Company (UPC) has declared insolvency in Florida after its estimated losses from Hurricane Ian increased to $1.5 billion, over...

  7. www.insurancejournal.com › news › southeastOrderly Runoff Didn’t Work; Florida’s United P&C Now ...

    Feb 20, 2023 · “United was deemed insolvent Feb. 6, 2023, because if all of the assets of United, if made immediately available, (they) would be insufficient to discharge all of the liabilities of...

  8. winknews.com › 2023/03/28 › what-florida-homeownersUPC Insurance closed with your open claim. Now what?

    Mar 28, 2023 · Around 135,000 Floridians relied on United Property and Casualty Insurance (UPC) for homeowners’ insurance before it went insolvent in February. What should you expect if you have an open claim?

  9. www.tampabay.com › news › businessAnother insolvent Florida property insurer headed to receivership

    Feb 17, 2023 · Published Feb. 17, 2023. TALLAHASSEE — State regulators moved forward Thursday with placing United Property & Casualty Insurance Co. into receivership after higher-than-expected losses from...