Press Release /
July 11, 2012

Universal Insurance Holdings, Inc. Announces That UPCIC Has Received Approval of Homeowners Rates and Forms in Massachusetts

FORT LAUDERDALE, FL–(Marketwire – Jul 11, 2012) – Universal Insurance Holdings, Inc. (“Company”) (NYSE MKT: UVE) announced that the Massachusetts Division of Insurance approved the homeowners rates and forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (“UPCIC”). UPCIC expects to begin to write homeowners insurance in Massachusetts later this month.

Sean Downes, chief operating officer, commented, “Upon writing our first homeowners policies in Massachusetts, UPCIC will have expanded to its sixth state. We anticipate writing our first policies by the end of July and in preparation we have contacted over 500 independent agents in Massachusetts who are ready to sell our homeowners insurance products. We are very proud of this forthcoming achievement as it continues our strategy for expansion beyond Florida. We are pleased to be able to offer UPCIC’s homeowners insurance products to the citizens of Massachusetts and look forward to growing our network of independent Massachusetts-area agents.”

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 and Georgia. 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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