Universal Insurance Holdings, Inc. Subsidiary UPCIC Receives Certificate Of Authority From Michigan

Universal Insurance Holdings, Inc.

announced today that the Michigan Department of Insurance issued a Certificate of Authority to Universal Property & Casualty Insurance Company (UPCIC), a wholly-owned subsidiary of Universal Insurance Holdings, Inc., approving UPCIC as a licensed insurance entity in Michigan. Sean P. Downes, the Company's Chairman, President and Chief Executive Officer, stated, "We look forward to completing the regulatory process and to offering our insurance products in Michigan as part of our continued geographic expansion." UPCIC is one of the leading writers of homeowners insurance in Florida and is licensed to offer its homeowners insurance products in North Carolina, South Carolina, Hawaii, Georgia, Massachusetts, Maryland, Delaware, Indiana, Pennsylvania and soon in Michigan.