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

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Universal Insurance Holdings, Inc. (NYSE:UVE) Files An 8-K Other Events
ITEM 8.01 Other Events

On January 19, 2017, and responding to the shareholder vote at its last annual meeting, the Board of Directors of Universal Insurance Holdings, Inc. (“Company”) approved amendments to the Company’s bylaws to implement majority voting in uncontested director elections, subject to shareholder approval at the Company’s 2017 annual meeting of shareholders. If so approved, the amendments will first be in effect at the Company’s 2018 annual meeting of shareholders.

 


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.

Universal Insurance Holdings, Inc. (NYSE:UVE) Recent Trading Information

Universal Insurance Holdings, Inc. (NYSE:UVE) closed its last trading session up +0.55 at 27.60 with 169,120 shares trading hands.