Tag: upc

United Property & Casualty Insurance Company (UPCIC) was a property and casualty insurance company that was liquidated on February 27, 2023. The liquidation process is designed to protect policyholders and creditors of the company by distributing the company’s assets in...

In the world of insurance, the worst-case scenario is when an insurance company becomes insolvent. This means that the company is unable to pay its financial obligations, including claims from policyholders. Unfortunately, this is what happened to UPC Insurance, a...