Universal Shield Insurance Group Enters Commercial Excess Liability Insurance Market
Universal Shield Insurance Group Enters Commercial Excess Liability Insurance Market [...]
Universal Shield Insurance Group Enters Commercial Garage & Auto Dealers Insurance Market
Universal Shield Insurance Group Enters Commercial Garage & Auto Dealers [...]
Universal Shield Insurance Group Executives Named as 2023 Emerging Leaders by Major Insurance Industry Groups & AM Best®
Universal Shield Insurance Group Executives Named as 2023 Emerging Leaders [...]
Advancements TV to Feature Universal Shield Insurance Group on Show to Air in Fall 2022
Explore how Technology and Operational Innovations are Being Leveraged to Enhance Commercial Insurance Solutions. AdvancementsTV with Ted Danson to educate about developments in state-of-the-art insurance technology.
Universal Shield Insurance Group Companies Assigned Higher A.M. Best Financial Size Category
Subsidiaries Universal Fire & Casualty Insurance Company and Shield Indemnity Both Rated A- (Excellent) by A.M. Best with Revised Financial Size Category of VII ($50 Million to $100 Million)
Universal Shield Insurance Group Companies Assigned A.M. Best Credit Rating
Universal Shield Insurance Group (Universal Shield) is pleased to announce that on January 26, 2022, A.M. Best assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-“ (Excellent) to Universal Fire & Casualty Insurance Company (UFCIC) and its wholly owned subsidiary, Shield Indemnity, Inc. (Shield). A.M. Best assigned both ratings a stable outlook.
AM Best Assigns Credit Ratings to Universal Fire & Casualty Insurance Company and Its Subsidiary
AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Universal Fire & Casualty Insurance Company (UFCIC) (headquartered in Waterford, MI) and its wholly owned subsidiary, Shield Indemnity Incorporated (Shield) (Dublin, OH). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect the execution of an intercompany pooling agreement between UFCIC and Shield. These companies are collectively referred to as Universal Shield Insurance Group (USIG).
Merger Forms New Insurance Holding Company, Universal Shield Insurance Group
UIM Holding Company and its subsidiary Universal Fire & Casualty Insurance Company (UFCIC) has merged with Shield Indemnity, Inc. (Shield Indemnity), to form a new property and casualty (P&C)-focused holding company, Universal Shield Insurance Group, Inc. (Universal Shield or USIG).
UFCIC Becomes First U.S. Insurer to Accept Cryptocurrency for Premium Payments
Universal Fire & Casualty Insurance Company (UFCIC), a multi-line admitted property and casualty (P&C) insurance company and insurtech innovator, is pleased to announce the company is now the first U.S. insurer to accept cryptocurrency for premium payments.
UFCIC Expands into New P&C Markets with ClarionDoor
ClarionDoor, provider of the most intelligent insurance product distribution software, is pleased to announce that Michigan-based property and casualty (P&C) insurer Universal Fire and Casualty Insurance Company (UFCIC) is now live with ClarionDoor’s rating and quoting for three new commercial insurance products.
