UPC facing $24mn cat hit and $30mn Florida reserve charge in Q1
United Insurance Holdings (UPC) expects to take a $24mn pre-tax hit from first quarter 2021 catastrophe events, net of reinsurance, with the carrier also revealing a $30mn reserve charge owing to a surge in Florida homeowners litigation.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below