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.
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