Weston rebrand as focusses on coastal cat cover

Florida-headquartered carrier Weston, majority-owned by Bermuda’s Hudson Structured Capital Management, has announced a name change and merger of its two name carriers. The combined company is now called Weston Property & Casualty Insurance Company (WPCIC).

The rebrand reflects the “evolution” of the group, the company stated, with a renewed corporate focus on expanding coastal offerings in current and new coastal states. It will provide insurance against the impact of loss from natural catastrophes to personal and commercial residential and non-residential properties. Former Weston Insurance Company windstorm business and a suite of Weston Property & Casualty Insurance Company products will now all be programs provided by WPCIC.

Weston is licensed in fourteen states and currently operates in Florida, Texas, Louisiana, and Mississippi.

Deanne Nixon, Weston president and chief executive officer, said, “The Weston team is excited about the coastal opportunities in the market. We see an improving rate environment and believe there is a need for a financially secure insurer in the markets in which we operate. We have crystallized our business plan and are focused on cat-exposed business. I am thrilled to be leading Weston through this transformative stage in its evolution”.