Although Louisiana enacted a $45 million insurance incentive program, which is bringing several companies into the state in the coming months, the Louisiana Department of Insurance reported there will be a short period of time between the UPC cancellations and when new companies start writing business. (Credit: Gerald Herbert) Although Louisiana enacted a $45 million insurance incentive program, which is bringing several companies into the state in the coming months, the Louisiana Department of Insurance reported there will be a short period of time between the UPC cancellations and when new companies start writing business. (Credit: Gerald Herbert)

With Florida-based United Property & Casualty Insurance Company declaring insolvency and entering receivership, home insurance policies across the country are in limbo.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at shallo@alm.com