Press Release /
August 1, 2012

Universal Insurance Holdings, Inc. Announces That UPCIC Has Bound Its First Homeowners Insurance Policy in Massachusetts

FORT LAUDERDALE, FL–(Marketwire – Aug 1, 2012) – Universal Insurance Holdings, Inc. (“Company”) (NYSE MKT: UVE), a vertically integrated insurance holding company, announced that its subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has bound its first homeowners insurance policy in Massachusetts. 

Sean Downes, chief operating officer, commented, “With its entrance into the Massachusetts homeowners insurance market, UPCIC has expanded to its sixth state. Within Massachusetts we have marketed our homeowners insurance solutions to more than 500 independent agents and we look forward to further growing our presence. We are pleased to offer our homeowners insurance products to the citizens of Massachusetts.”

About Universal Insurance Holdings, Inc.
Universal Insurance Holdings, Inc. is a vertically integrated insurance holding company which, through its subsidiaries, covers substantially all aspects of insurance underwriting, distribution, claims processing and exposure management. Universal Property & Casualty Insurance Company (UPCIC), a wholly owned subsidiary of the Company, is one of the three leading writers of homeowners insurance in Florida and is now fully licensed and has commenced its operations in North Carolina, South Carolina, Hawaii, Georgia and Massachusetts. American Platinum Property and Casualty Insurance Company (APPCIC), also a wholly owned subsidiary of the Company, currently writes homeowners multi-peril and inland marine insurance on Florida homes valued in excess of $1 million, which are limits and coverages currently not targeted through its affiliate UPCIC. For additional information on the Company, please visit our investor relations website at

Forward-Looking Statements and Risk Factors
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “anticipate,” and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include commentary on plans, products and lines of business, marketing arrangements, reinsurance programs and other business developments and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described and the Company undertakes no obligation to correct or update any forward-looking statements. For further information regarding risk factors that could affect the Company’s operations and future results, refer to the Company’s reports filed with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2011 and the Form 10-Q for the quarter ended March 31, 2012.

Investor Contact:
Philip Kranz
Dresner Corporate Services
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