Webcast United Insurance Holdings Corp. 2015 First Quarter Financial Results Thursday, April 30, 2015 9:00 AM ET
United Insurance Holdings Corp.TM (UIHC) serves
as the holding company for United Property & Casualty Insurance Company and its
affiliated companies. Collectively, including United Insurance Holdings Corp., we
refer to these entities as “UPC Insurance,” which is the preferred brand identification
we are establishing for our company. UPC Insurance is primarily engaged in the homeowners
property and casualty insurance business in the United States.
We currently write in Florida, Massachusetts, Louisiana, New Jersey, North Carolina, Rhode Island, South Carolina, and Texas and are licensed to write, but have not commenced
writing business in Alabama, Connecticut, Delaware, Georgia, Hawaii, Maryland, Mississippi, New Hampshire and Virginia. Our target market currently consists of areas where the perceived threat
of natural catastrophe has caused large national insurance carriers to reduce their
concentration of policies. In such areas we believe an opportunity exists for UPC
Insurance to write profitable business. We manage our risk of catastrophic loss
primarily through sophisticated pricing algorithms, avoidance of policy concentration,
and the use of a comprehensive catastrophe reinsurance program...