JMP Securities Downgrades United Insurance Holdings (UIHC) to Market Perform
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United Insurance Holdings Corp. Reports Financial Results for Its Third Quarter Ended September 30, 2016
November 1, 2016 4:07 PM EDTCompany to Host Quarterly Conference Call at 9:00 A.M. on November 2, 2016
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, 2016.
    ($ in thousands, except per share and ratios) Three Months Ended Nine Months Ended September 30, September 30, 2016  2015  Change 2016  2015  Change Gross premiums written $ 194,341 $ 155,985 24.6% $ 541,053 $ 425,183 27.3% Gross premiums earned $ 173,520 $ 128,733 34.8% $ 484,607 $ 364,897 32.8% Ceded premiums earned $ (53,299 ) $ (44,730 ) 19.2% $ (148,837 ) $ (122,394 )... More
