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United Insurance Holdings Corp. (UIHC) news stock charts

United Insurance Holdings Corp. (UIHC/UIHC.OB) Investment Summary:

United Insurance Holdings Corp., together with its subsidiaries, operates as a property and casualty insurance company in Florida. The company primarily offers homeowners and dwelling fire insurance policies, as well as provides flood insurance through the National Flood Insurance Program. It principally markets its products through insurance agents. The company was founded in 1999 and is based in Farmington, Connecticut.
www.upcic.com
32 Employees
Founded in 1999

UNITED INSURANCE HOLDINGS CO (UIHC:OTC Bulletin Board Market)

LAST $3.25 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of UNITED INSURANCE HOLDINGS CO (UIHC)

OPEN
$3.25
PREVIOUS CLOSE
$3.25
DAY HIGH
$3.25
DAY LOW
$3.25
52 WEEK HIGH
06/9/09 - $5.00
52 WEEK LOW
03/30/09 - $3.05
MARKET CAP
34.4M
AVERAGE VOLUME 10 D
870.0
EPS TTM
$1.23
SHARES OUTSTANDING
10.6M
EX-DATE
11/25/09
P/E TTM
2.6x
DIVIDEND
$0.20
DIVIDEND YIELD
4.62%
K = Thousands  M = Millions  B = Billions

Key developments for UNITED INSURANCE HOLDINGS CO (UIHC)

United Insurance Holdings Corp. Presents at New York Society of Security Analysts - 14th Annual Insurance Conference, Feb-09-2010 through Feb-09-2010

United Insurance Holdings Corp. Presents at New York Society of Security Analysts - 14th Annual Insurance Conference, Feb-09-2010 through Feb-09-2010. Venue: New York Society of Security Analysts, 1540 Broadway, 10th Floor (entrance on 45th Street Times Square), New York, New York, United States. Speakers: Donald J. Cronin, Chief Executive Officer, President, Interim Principal Financial Officer and Director.

United Insurance Holdings Corp. Appoints Joseph R. Peiso as Chief Financial Officer

United Insurance Holdings Corp. announced the appointment of Joseph R. Peiso as the company's chief financial officer, effective January 19, 2010. As CFO, Mr. Peiso will be responsible for the company's financial planning and control, financial reporting and general corporate finance activities. Mr. Peiso brings 25 years of experience in the property casualty insurance industry to his role at United. Most recently, Mr. Peiso served as a consultant to the insurance industry.

United Insurance Holdings Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009 ; Approves Quarterly Dividend Payable on December 15, 2009

United Insurance Holdings Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $734,000 or $0.07 per basic and diluted share on net premiums written of $31,700,000 against net income of $8,878,000 or $0.84 per basic share and $0.75 per diluted share on net premiums written of $33,264,000 for the same period a year ago. Loss before income taxes of $1,427,000 compared to income before income taxes of $8,811,000 for the same period a year ago. For the nine months, the company reported net income of $5,238,000 or $0.50 per basic and diluted share on net premiums written of $38,904,000 against net income of $26,570,000 or $2.52 per basic share and $2.26 per diluted share on net premiums written of $50,307,000 for the same period a year ago. Income before income taxes of $8,202,000 compared to $30,662,000 for the same period a year ago. Book value per share increased 17% to $4.77 at September 30, 2009, compared to $4.07 at December 31, 2008. Quarterly dividend of $0.05 per share was approved by the Board of Directors and will be payable on December 15, 2009 to shareholders of record on November 30, 2009.

United Insurance Holdings Corp. financial resources

otc, otcbb, pinksheet, UIHC, ob United Insurance Holdings Corp.

UIHC Competitors

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Industry Analysis

Valuation UIHC Industry Range
Price/Earnings 2.8x
Price/Sales 0.4x
Price/Book 0.7x
Price/Cash Flow 2.8x
TEV/Sales NM Not Meaningful

UIHC

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UIHC transactions

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No transactions in the last 6 months.

More Recent Financial News About United Insurance Holdings Corp.

United Insurance Holdings Corp. Subsidiary Intends to File Applications to Write Property and Casualty Insurance in Seven States

Quote: PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (OTCBB: UIHC; UIHCW; UIHCU) (“United”or the “Company”), a property and casualty insurance holding company,announced today that United Property & Casualty Insurance Company, awholly-owned subsidiary with over 96,000 homeowner policies-in-force inthe state of Florida, will be submitting applications to write propertyand casualty insurance in the following states: Massachusetts,Connecticut, Rhode Island, New ...
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United Insurance looks to New England, N.Y., N.J., Carolinas

Quote: United Insurance Holdings Corp. has unveiled plans to expand its property and casualty insurance offerings beyond Florida.United Property & Casualty Insurance Co., a wholly owned subsidiary, will be submitting applications to write policies in Massachusetts, Connecticut, Rhode Island, New York, North Carolina, South Carolina and New Jersey, a release said.The company currently offers homeowners, dwelling fire, and flood policies throughout Florida and may offer similar products in the states...
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Regulators OK United Insurance rate hike

Quote: United Insurance Holdings Corp. said it received approval from the Florida Office of Insurance Regulation for rate increases on its homeowner and fire products.United’s homeowner policies written or renewed on or after March 15 will reflect an overall average rate increase of 14 percent, while its dwelling fire policies written or renewed on or after April 15 will reflect an overall average rate increase of 14.7 percent.The increases are in addition to a 12.7 percent average rate hike on h...
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UNITED INSURANCE HOLDINGS CORP. Files SEC form 8-K, Financial Statements and Exhibits

Quote: UNITED INSURANCE HOLDINGS CORP.Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED INSURANCE HOLDINGS CORP. 21-Dec-2009Financial Statements and ExhibitsPrivacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors...
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United Insurance Holdings Corp. Appoints Industry Veteran Joseph R. Peiso as Chief Financial Officer

Quote: PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (OTCBB: UIHC; UIHCW; UIHCU) ("United"or "the Company"), a property and casualty insurance holding company,today announced the appointment of Joseph R. Peiso as the Company'sChief Financial Officer(“CFO”), effective January 19, 2010.As CFO, Mr. Peiso will be responsible for United’s financial planningand control, financial reporting and general corporate financeactivities. Mr. Peiso brings 25 years of experience...
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UNITED INSURANCE HOLDINGS CORP. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits

Quote: Regulation FD Disclosure On December 9, 2009, the investor relations firm for United Insurance Holdings Corp. (the "Company") began distributing information regarding the Company to investors in advance of meetings. On December 10, 2009, the Company posted the same information on its website and is furnishing it as Exhibit 99.1 to this current report. The information furnished under this Item 7.01, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purpo...
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United Insurance Holdings Corp. Announces Resignation of Chief Financial Officer Nicholas Griffin; Company to Immediately Begin Search for Successor

Quote: "We are confident that we will appoint a new CFO who will provide the financial, management and leadership skills necessary to support United's continuing growth and success." About United Insurance Holdings Corp. Founded in 1999, United Property and Casualty Insurance Company, a subsidiary of United Insurance Holdings Corp., primarily underwrites homeowners insurance in the state of Florida. From its headquarters in St. Petersburg, United's team of dedicated employees manages a completely int...
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United Insurance Holdings Corp. Announces Resignation of Chief Financial Officer Nicholas Griffin; Company to Immediately Begin Search for Successor

Quote: "We are confident that we will appoint a new CFO who will provide the financial, management and leadership skills necessary to support United's continuing growth and success." About United Insurance Holdings Corp. Founded in 1999, United Property and Casualty Insurance Company, a subsidiary of United Insurance Holdings Corp., primarily underwrites homeowners insurance in the state of Florida. From its headquarters in St. Petersburg, United's team of dedicated employees manages a completely int...
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UNITED INSURANCE HOLDINGS CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statemen

Quote: UNITED INSURANCE HOLDINGS CORP.Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED INSURANCE HOLDINGS CORP. 13-Aug-2009Results of Operations and Financial Condition, Financial Statemen Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is li...
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UNITED INSURANCE HOLDINGS CORP. Files SEC form 10-Q, Quarterly Report

Quote: Reported results may therefore appear to be volatile in certain accounting periods. COMPANY OVERVIEW United Insurance Holdings Corp. (which is referred to herein as "UIHC", "United", "we", or "us"), formerly known as FMG Acquisition Corp., acquired United Insurance Holdings, L.C., a Florida limited liability company ("UIH"), via merger on September 30, 2008 (the "Merger"). Through UIH and its three wholly-owned subsidiaries, UIHC is e...
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UNITED INSURANCE HOLDINGS CORP. Files SEC form 8-K, Change in Directors or Principal Officers

Quote: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Information responsive to Item 5.02(c): On June 9, 2009, United Insurance Holdings, Inc. (the "Company") announced the resignation of Nicholas Griffin as Chief Financial Officer of the Company. Mr. Griffin resigned effective June 5, 2009. On July 29, 2009, the Board of Directors appointed Donald Cronin, currently the President and Chief Ex...
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UNITED INSURANCE HOLDINGS CORP. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements a

Quote: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 5, 2009, Nicholas Griffin, United Insurance Holdings Corp's (the "Company") Chief Financial Officer, notified the Company of his resignation in order to pursue another opportunity. Mr. Griffin will remain with the Company through mid-July to assist in the transition of his duties. The Company's finance and accounting team will faci...
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UNITED INSURANCE HOLDINGS CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statemen

Quote: UNITED INSURANCE HOLDINGS CORP.Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED INSURANCE HOLDINGS CORP. 12-Nov-2009Results of Operations and Financial Condition, Financial Statemen Privacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is li...
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