Demotech Affirms the Financial Stability Rating® Assigned to United Property & Casualty Insurance Company

Columbus, Ohio, August 12, 2019: The Financial Stability Rating® (FSR) of A, Exceptional, assigned to United Property & Casualty Insurance Company has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing.

FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). Since 1989, FSRs of A or better have been accepted by the major participants in the secondary mortgage marketplace.

About United Property & Casualty Insurance Company

Founded in 1999, United Property and Casualty Insurance Company (UPC Insurance), a subsidiary of United Insurance Holdings Corp., (NASDAQ: UIHC) writes and services property and casualty insurance in multiple states along the gulf coast and eastern seaboard. From its headquarters in St. Petersburg, Florida, UPC Insurance is dedicated to being the premier provider of catastrophe-exposed property insurance. The Company distributes its homeowners, dwelling fire, renters, condo owners, commercial residential and flood products primarily through the independent agency system. Homeowners insurance constitutes the majority of UPCs premiums and policies

About Demotech, Inc.

Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters. FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer. Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Visit for more information.

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