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United Insurance Holdings Corp. (“UPC Insurance”), a property and casualty insurance holding company, said that it had successfully placed a new property aggregate excess of loss reinsurance program effective January 1, 2016 and expiring December 31, 2016.

The company said that these new contracts replaced the $22 million excess of $3 million per occurrence coverage UPC had in place for 2015 and were designed to protect the company against accumulated losses from all catastrophe events except windstorms named by the National Hurricane Center.

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