Florida-based United Insurance Holdings Completes Share Repurchase

October 3, 2008

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United Insurance Holding Corp., based in St. Petersburg, Fla., completed privately negotiated purchases with a limited number of the company’s stockholders to purchase 1,980,671 shares of the its outstanding common stock for $15,740,351.

United underwrite homeowners and selected small business insurance in the Florida.

Source: United Insurance Holding Corp

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Latest Comments

  • October 3, 2008 at 3:25 am
    Concerned Independent Agent says:
    How does this affect their reserves? Many of these small carriers are one hurricane away from going out of business.
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