Universal Insurance Holdings, Inc. has been approved by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC). The company reported that UPCIC has subsequently written its first homeowners insurance policy in Alabama.
Universal announced the official launch of Universal Direct, Universal Insurance’s Direct-to-Consumer online platform for UPCIC products, in Alabama.
Alabama marks the thirteenth state of operation for Universal Insurance and the third state, including Pennsylvania and Minnesota, to offer customers access to UPCIC homeowners insurance policies through Universal Direct. Independent appointed agents operating in Alabama can receive commissions from policies written by UPCIC via Universal Direct.
UPCIC is licensed to offer its homeowners insurance products in Florida, North Carolina, South Carolina, Hawaii, Georgia, Massachusetts, Maryland, Delaware, Indiana, Pennsylvania, Michigan, Minnesota, Virginia, Alabama, West Virginia, New Hampshire, New Jersey and New York.
Universal Insurance Holdings, Inc., with its wholly-owned subsidiaries, offers all aspects of insurance underwriting, distribution and claims.
Topics Property Homeowners Property Casualty Casualty Alabama
Was this article valuable?
Here are more articles you may enjoy.
Why Are Property & Casualty Carriers So Profitable? 
US House Passes Bill to Extend Federal Terrorism Backstop Through 2034 
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
NAIC Says Data Taken in Hack Has Been Published Online 
