UPC INSURANCE TALLIES 70M IN SECOND-QUARTER CAT LOSSES

US property/casualty group United Insurance Holdings, which does business as UPC Insurance, has announced that second-quarter results will reflect around $30m in pre-tax catastrophe losses, net of reinsurance recoveries. The losses include claims from three named storms and 15 other events determined to be catastrophes by Property Claim Services. Florida-based UPC writes business in Connecticut, Georgia, Hawaii, Louisiana, Massachusetts, New Jersey, New York, the Carolinas, Rhode Island, Texas and its home state of Florida.