Reinsurance News

Universal Property secures Tennessee license

21st August 2020 - Author: Charlie Wood

Universal Insurance Holdings announced today that its wholly-owned subsidiary, Universal Property & Casualty Insurance, has received a Certificate of Authority in Tennessee.

universal-insurance-holdings-logoThis certificate approves Universal Property as a licensed insurance entity in Tennessee and will allow the company to expand its business in the state.

This latest addition means Universal Property is licensed to do in business across a total of 19 states.

“We continue to execute on our strategic priorities, expand our addressable market and diversify our book of business to strengthen our foundation for the future,” said Universal Insurance Holdings, Inc. Chief Executive Officer Stephen J. Donaghy.

This announcement follows news in June 2019 that the company had secured similar permissions to operate as a licensed insurance company in the state of Wisconsin.


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