United Cooperative Assurance Company announced on February 23, 2026 that it received a letter from the Insurance Authority on February 19, 2026 regarding the suspension of issuing or renewing motor insurance policies due to violations of supervisory and regulatory instructions. The suspension, effective from February 19, 2026, applies only to motor insurance products while other insurance products remain available to customers. The company expects this regulatory action to negatively impact its 2026 financial results, though the extent cannot be determined at this time. The company is implementing corrective measures to comply with regulatory requirements and affirms that existing policyholders' interests remain protected.

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