C-level exec leaves UPC Insurance
September 25, 2020 - Paul DiFrancesco is no longer the chief operating officer at United Insurance Holdings Corp. His employment with the St. Petersburg-based property and casualty insurance company terminated effective Sept. 18, United Insurance (Nasdaq: UIHC) said in a filing with the U.S. Securities and Exchange Commission. Effective Sept. 21, Chris Dittman was appointed chief underwriting officer and assumed underwriting responsibilities for DiFrancesco, the filing said. Dittman will continue to serve as the company’s chief risk officer. DiFrancesco is the second c-level executive to leave this month. Deepak Menon, chief revenue officer, resigned effective Sept. 30. United Insurance, which does business as UPC Insurance, is among the largest companies headquartered in St. Petersburg. The company's leadership changed earlier this year, when insurance industry veteran Daniel Peed took over as chairman and CEO.