Kroll downgrades UIHC and UPC ratings
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Kroll downgrades UIHC and UPC ratings

Farhin Lilywala
December 09, 2022
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United Insurance Holdings' insurer and debt ratings were downgraded to BB+ from BBB- by Kroll Bond Rating Agency (KBRA). The insurance financial strength rating (IFSR) of its subsidiary, United Property and Casualty, was downgraded to B+ from BB-.

KBRA also affirmed the A- ISFR for subsidiaries American Coastal Insurance Company and Interboro Insurance Company.

All ratings have been removed from watch downgrade and now have a negative outlook, amidst the challenges faced by the Florida property market.

KBRA

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NewsAmerican Coastal
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Farhin Lilywala
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