United Insurance Holdings remains hammered by unfavorable market conditions. Read here for the forward outlook.
United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its personal lines subsidiary, United Property & Casualty Insurance Company (United P&C) has filed plans of withdrawal in Florida, Louisiana and Texas and intends to file a plan of withdrawal in New York that entail non-renewing personal lines policies
United Insurance Holdings Corp. (NASDAQ:NASDAQ:UIHC) Q2 2022 Earnings Conference Call August 8, 2022 5:00 PM ET Company Participants Karin Daly - Vice President, Equity Group R.
United Insurance Holdings press release (NASDAQ:UIHC): Q2 Non-GAAP EPS of -$1.49 misses by $1.26.Revenue of $115.79M (-25.5% Y/Y) beats by $1.81M.Shares -10%.
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial results for the second quarter ended June 30, 2022. ($ in thousands, except for per share data) Three Months Ended Six Months Ended June 30, June 30, 2022 2021 Change 2022 2021 Change Gross premiums written $ 360,146 $ 426,424 (15.5 )% $ 639,621 $ 738,062 (13.3 )% Gr
During the last session, United Insurance Holdings Corp. (NASDAQ:UIHC)’s traded shares were 0.15 million, with the beta value of the company hitting 0.69. At the end of the trading day, the stock’s price was $1.06, reflecting an intraday gain of 7.07% or $0.07. The 52-week high for the UIHC share is $5.09, that puts it … What To Expect As United Insurance Holdings Corp. (NASDAQ: UIHC) Delivers An -72.75% Gain In 6 Months Read More »
United Insurance Holdings (NASDAQ: UIHC ) is set to give its latest quarterly earnings report on Monday, 2022-08-08. Here''s what investors need to know before the announcement. Analysts estimate that United Insurance Holdings will report an earnings per share (EPS) of $-0.22. United Insurance Holdings bulls will hope to hear the company to announce they''ve not only beaten that estimate, but … Full story available on Benzinga.com
We conduct our business principally through four wholly-owned insurance subsidiaries and one majority-owned insurance subsidiary: United Property& Casualty Insurance Company; American Coastal Insurance Company; Family Security Insurance Company, Inc.; Interboro Insurance Company; and Journey Insurance Company. The Company also writes policies in… The post UNITED INSURANCE HOLDINGS CORP. – 10-Q – Management''s Discussion and Analysis of Financial Condition and Results of Operations appeared first on InsuranceNewsNet .
United Insurance Holdings Corp. (NASDAQ:NASDAQ:UIHC) Q1 2022 Earnings Conference Call May 9, 2022, 5:00 PM ET Company Participants Daniel Peed – Chairman & Chief Executive Officer…
United Insurance Holdings press release (UIHC): Q1 GAAP EPS of -$0.77 misses by $0.94.Revenue of $102.36M (-36.7% Y/Y) misses by $54.7M.
United Insurance Holdings Corp. Releases Inaugural Sustainability Report Business Wire
United Insurance Holdings Corp. said second-quarter pretax catastrophe losses could reach $40 million. The estimate includes claims from two tropical storms and fourteen PCS
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (NASDAQ: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today announced estimated current year catastrophe losses incurred during the second quarter ending June 30, 2021, of approximately $40 million before income taxes (approximately $31 million after tax), net of expected reinsurance recoveries. The Companys estimated catastrophe losses includes claims from two new tropical storms
United Insurance Holdings Corp., a property and casualty insurance holding company, today announced estimated current year catastrophe losses incurred during the second quarter ending June 30, 2021, of approximately $40 million before income taxes, net of expected reinsurance recoveries. Founded in 1999, UPC Insurance is an insurance holding company The post United Insurance Estimates $40M In Catastrophe Losses In 2Q appeared first on InsuranceNewsNet .
ST. PETERSBURG, Fla.--(BUSINESS WIRE)---- $UIHC--United Insurance Holdings Corp. (Nasdaq:UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it has published its inaugural Sustainability & Responsibility Report which outlines its environmental, social responsibility and governance (ESG) practices and goals. This report includes insight into the Companys long-term commitments to strengthen diversity, equity, and inclusion, invest in ESG opport
Florida head-quartred insurer United Insurance Holdings (UPC Insurance) has renewed its core catastrophe reinsurance program for 2021/22. For this year, the insurers core catastrophe program includes $2.85 billion of first event reinsurance limit on a fully cascading basis, except for the Florida Hurricane Catastrophe Fund layer. In addition to the Core CAT program, the 15% [] The post UPC restructures reinsurance program at renewal appeared first on ReinsuranceNe.ws .
United Insurance Holdings Corp. has completed a 2021 core catastrophe reinsurance program and quota share plan for United Property & Casualty Insurance Co., Family Security
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it has completed its core catastrophe (Core CAT) reinsurance program and Quota Share program for United Property & Casualty Insurance Company (UPC), Family Security Insurance Company, Inc. (FSIC) and American Coastal Insurance Company (ACIC) effective June 1, 2021. The 2021 Core CAT program includes $2.8
ST. PETERSBURG, Fla.--(BUSINESS WIRE)---- $UIHC--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial results for the fourth quarter and year ended December 31, 2020. ($ in thousands, except for per share data) Three Months Ended Year Ended December 31, December 31, 2020 2019 Change 2020 2019 Change Gross premiums written $ 316,210 $ 294,763 7.3 % $ 1,456,863 $ 1,380,268
ST. PETERSBURG, Fla.--(BUSINESS WIRE)---- $UIHC--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors declared a cash dividend of $0.06 per share of common stock outstanding, payable in cash on March 9, 2021 to shareholders of record on March 2, 2021. About UPC Insurance Founded in 1999, UPC Insurance is an insurance holding company that sources, writes and services personal and commer
United Insurance Holdings Corp. shares closed today 14.2% lower than it did at the end of yesterday. The stock is currently up 5.8% year-to-date, down 40.1% over the past 12 months, and down 54.1% over the past five years. Today, the Dow Jones Industrial Average rose 0.1%, and the S&P 500 rose 0.0%. Trading Activity Shares traded as high as $6.18 and as low as $5.41 this week.Shares closed 5e+1% below its 52-week high and 2e+1% above its 52-week low.Trading volume this week was 64.1% higher than the 10-day average and 47.1% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Financials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 68.1% The company's stock price performance over the past 12 months lags the peer average by 119.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
ST. PETERSBURG, Fla.--(BUSINESS WIRE)---- $UIHC--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it expects to release its financial results for the fourth quarter and year ended December 31, 2020, on Wednesday, February 24, 2021 after the close of the market and will conduct its quarterly conference call to discuss those results and review the outlook for the Company at 5:00 p.m. ET on Wednesday, Febru
United Insurance Holdings Corp. shares closed the week 10.8% higher than it did at the end of last week. The stock is currently down 58.0% year-to-date, down 58.1% over the past 12 months, and down 68.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 1.2%. Trading Activity Shares traded as high as $5.39 and as low as $4.59 this week. Shares closed 6e+1% below its 52-week high and 2e+1% above its 52-week low. Trading volume this week was 45.7% lower than the 10-day average and 35.6% lower than the 30-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 0.1% higher than its 5-day moving average, 7.8% higher than its 20-day moving average, and 13.9% lower than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio beats its average peer by -100.0% The company's performance over the last 1 year lags its average peer by 169.0% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
ST. PETERSBURG, Fla.--(BUSINESS WIRE)---- $UIHC--United Insurance Holdings Corp. (NASDAQ: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today announced estimated current year catastrophe losses incurred from October 1, 2020 to November 30, 2020 between $85 million and $100 million before income taxes (approximately $67 million to $79 million after tax), net of expected reinsurance recoveries. The Company’s fourth quarter catastrophe losses through November 30, 2
ST. PETERSBURG, Fla.--(BUSINESS WIRE)---- $UIHC--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial results for the second quarter ended June 30, 2020. ($ in thousands, except for per share data) Three Months Ended Six Months Ended June 30, June 30, 2020 2019 Change 2020 2019 Change Gross premiums written $ 439,651 $ 449,762 (2.2 )% $ 774,834 $ 768,321 0.8
United Insurance (UIHC) delivered earnings and revenue surprises of 40.00% and -1.58%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial results for the first quarter ended March 31, 2020. ($ in thousands, except for per share data) Three Months Ended March 31, 2020 2019 Change Gross premiums written $ 335,183 $ 318,559 5.2 % Gross premiums earned $ 344,619 $ 311,813 10.5 % Net premiums earned $ 191,596
United Insurance (UIHC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it expects to release its financial results for the first quarter ended March 31, 2020, on Wednesday, May 6, 2020 after the close of the market and will conduct its quarterly conference call to discuss those results and review the outlook for the Company at 9:00 a.m. ET on Thursday, May 7, 2020. The Company
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial results for the fourth quarter and year ended December 31, 2019. ($ in thousands, except for per share data) Three Months Ended Year Ended December 31, December 31, 2019 2018 Change 2019 2018 Change Gross premiums written $ 294,763 $ 292,187 0.9 % $ 1,380,268 $ 1,252,4
United Insurance (UIHC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it expects to release its financial results for the fourth quarter and year ended December 31, 2019, on Thursday, February 20, 2020 after the close of the market and will conduct its quarterly conference call to discuss those results and review the outlook for the Company at 5:00 p.m. ET on Thursday, Februar
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial results for the third quarter ended September 30, 2019. ($ in thousands, except for per share data) Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 Change 2019 2018 Change Gross premiums written $ 317,184 $ 295,935 7.2 % $ 1,085,505 $ 960,214
Insurance and reinsurance companies were relieved somewhat after a shift in the expected path of Hurricane Dorian, which looked Tuesday morning like it would miss South Florida and may brush much of the Southeastern coast without making landfall. Several publicly traded insurance companies with heavy Florida exposure were down more than 5% last week, Morgan Stanley analyst Michael Phillips said in a Tuesday note. But with the shift in the forecast track, that may change. Among the insurance stocks hit hard last week were Heritage Insurance Holdings Inc (NYSE: HRTG ), down 8.3% last week, and Federated National Holding Co . (NASDAQ: FNHC ), HCI Group Inc (NYSE: HCI ) and United Insurance Holdings Corp . (NASDAQ: UIHC ) — all down more than 5%. “We'd expect a rebound to these names if Dorian tracks as currently predicted,” Phillips said. But the east coast isn’t fully out of danger, particularly areas farther north, including coastal Georgia, the Carolinas and even Virginia. Total damage, however, was looking lower than the $15 billion to $40 billion range projected last week. #Dorian remains a Category …
United Insurance (UIHC) delivered earnings and revenue surprises of -188.89% and 0.27%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Start Time: 17:00 End Time: 17:45 United Insurance Holdings Corp. (NASDAQ:UIHC) Q1 2019 Earnings Conference Call May 07, 2019, 17:00 PM ET Company Participants
UIHC earnings call for the period ending March 31, 2019.
United Insurance (UIHC) delivered earnings and revenue surprises of -72.00% and -2.51%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
United Insurance (UIHC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.