Universal Insurance Holdings, Inc. (NYSE:UVE) Files An 8-K Other Events

On May 6, 2019, Universal Insurance Holdings, Inc. (“Company”) announced that its Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $40 million of its outstanding shares of common stock through December 31, 2020.

The related press release is attached to this report as Exhibit 99.1 and is incorporated herein by reference.

99.1 Press Release dated May 6, 2019

UNIVERSAL INSURANCE HOLDINGS, INC. Exhibit
EX-99.1 2 uve_ex991xrepurchasex52019.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Universal Insurance Holdings Announces New $40 Million Share Repurchase AuthorizationFort Lauderdale,…
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About Universal Insurance Holdings, Inc. (NYSE:UVE)

Universal Insurance Holdings, Inc. (UVE) is a private personal residential homeowners insurance company in Florida. The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company writes personal residential homeowners insurance policies, predominantly in Florida. The Company also writes homeowners insurance policies in Delaware, Georgia, Hawaii, Indiana, Maryland, Massachusetts, Minnesota, North Carolina, Pennsylvania and South Carolina. The Company is also licensed to issue policies in Alabama, Michigan, New Hampshire, Virginia and West Virginia. It has a distribution network of approximately 7,800 licensed independent agents. Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC, and together with UPCIC, the Insurance Entities) are its insurance operating subsidiaries.