UPCIC writes first homeowners insurance policy in Michigan

Universal Insurance Holdings, a US insurance holding company, has announced the Michigan Department of Insurance and Financial Services has approved the homeowners insurance rates and forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), and that UPCIC has subsequently written its first homeowners insurance policy in Michigan. UPCIC writes homeowners insurance nationally and 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.  Sean Downes, chairman and chief executive officer, Universal Insurance Holdings, said: "We are pleased to have solidified our presence in Michigan by writing our first homeowners insurance policy in the state. We look forward to developing and growing our relationships with Michigan's network of independent agents and working with them to bring our leading suite of products and services to more customers throughout the state."