ST. PETERSBURG, Fla.--(BUSINESS WIRE)--
United Insurance Holdings Corp. (NASDAQ: UIHC) (UPC Insurance or the
Company), recently announced that its subsidiary, United Property &
Casualty Insurance Company(UPC), has partnered with Arbella
Mutual to offer new and unique solutions to meet coastal clients'
insurance needs in Massachusetts. United Property & Casualty Insurance
Company and Arbella have developed special discounts to provide a
solution to consolidate accounts for their clients.
Exclusive discounts will now be available to policyholders who have both
UPC and Arbella insurance policies. Current holders of a UPC homeowners
policy will be eligible for an auto policy credit discount through
Arbella. In addition, Arbella auto policyholders will receive a credit
discount on their homeowners policy for insuring their property with
UPC. New policy discounts will also be available. These special
offerings are available for UPC homeowners policies and Arbella auto
policies with effective dates of June 21, 2013 and later.
Mel Russell, President of UPC, stated, “We are extremely pleased to be
able to partner with a fine company like Arbella to help meet the
personal insurance needs of coastal residents of Massachusetts. UPC is
committed to providing premier coverage and service to homeowners
throughout the coastal areas of New England. Our partnership with
Arbella will enable us to continue to carry out that goal in
Massachusetts.”
“We’re pleased to partner with UPC and offer these special discounts,”
said Jim Hyatt, Arbella’s vice president of Personal Lines. “At Arbella,
we’re committed to providing a variety of ways for our customers to save
money while getting the coverage they need.”
About UPC and UPC Insurance
Founded in 1999, UPC Insurance is an insurance holding company that
sources, writes and services residential property and casualty insurance
policies through a group of wholly owned insurance subsidiaries. United
Property & Casualty Insurance Company, the primary operating subsidiary
of UPC Insurance, writes and services property and casualty insurance
using a network of independent agents in Florida, Massachusetts, Rhode
Island, North Carolina and South Carolina, and was recently licensed to
write in New Hampshire, New Jersey and Texas. From its headquarters in
St. Petersburg, UPC Insurance's team of dedicated professionals manages
a completely integrated insurance company, including sales,
underwriting, customer service and claims.
About the Arbella Insurance Group
Established in 1988, the Arbella Insurance Group (www.arbella.com)
is a company with over $600M in revenue with approximately $1B in
assets, headquartered in Quincy, Massachusetts. Arbella is a
customer-focused regional property and casualty insurance company,
providing personal and business insurance in Massachusetts and
Connecticut and business insurance in Rhode Island and New Hampshire.
United Insurance Holdings Corp.
John Rohloff, 727-895-7737
Director
of Financial Reporting
jrohloff@upcinsurance.com
or
INVESTOR
RELATIONS:
The Equity Group
Adam Prior, 212-836-9606
Senior
Vice-President
aprior@equityny.com
or
Terry
Downs, 212-836-9615
Associate
tdowns@equityny.com
Source: United Insurance Holdings Corp.