United Insurance Holdings (UIHC) Misses Q2 EPS by 5c

United Insurance Holdings Corp. Reports Financial Results for Its Second Quarter Ended June 30, 2016

August 2, 2016 4:10 PM EDT

Company to Host Quarterly Conference Call at 9:00 A.M. on August 3, 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 second quarter ended June 30, 2016.

        ($ in thousands, except per share and ratios) Three Months Ended Six Months Ended June 30, June 30, 2016   2015   Change 2016   2015   Change Gross premiums written $ 210,756 $ 162,582 29.6 % $ 346,712 $ 269,198 28.8 % Gross premiums earned $ 164,585 $ 120,982 36.0 % $ 311,087 $ 236,164 31.7 % Ceded premiums earned $ (50,406 ) $ (40,530 ) 24.4 % $ (95,538 ) $ (77,664 ) 23.0... More