Merger Forms New Insurance Holding Company, Universal Shield Insurance Group
WATERFORD, Michigan – January 11, 2022 – 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). “Under the umbrella of Universal Shield, UFCIC and Shield …
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