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UPIC Receives Approval of Homeowners' Rates and Forms in Georgia

Posted on 22 Aug 2011

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Universal Insurance Holdings, Inc. announced that the Georgia department of insurance approved the homeowners' rates and forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance Company ("UPCIC"). UPCIC expects to begin to write homeowners' insurance in Georgia in the near future.

Universal Insurance Holdings, Inc. is a vertically integrated insurance holding company, which through its subsidiaries, covers substantially all aspects of insurance underwriting, distribution, claims processing and exposure management. Universal Property & Casualty Insurance Company ("UPCIC"), a wholly-owned subsidiary of the Company, is one of the three leading writers of homeowners' insurance in Florida and is now fully licensed and operating in Hawaii, North Carolina and South Carolina.