United Insurance(ACIC)

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United Insurance(ACIC) - 2021 Q2 - Earnings Call Transcript
2021-08-08 01:33
United Insurance Holdings Corp. (UIHC) Q2 2021 Results Conference Call August 4, 2021 5:00 PM ET Company Participants Adam Prior - SVP, The Equity Group Dan Peed - CEO Brad Martz - President and CFO Conference Call Participants Greg Peters - Raymond James Elyse Greenspan - Wells Fargo Operator Greetings. Welcome to the United Insurance Holdings Corporation's Second Quarter 2021 Earnings Call. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference over to your ...
United Insurance(ACIC) - 2021 Q1 - Earnings Call Transcript
2021-05-09 00:30
United Insurance Holdings Corp. (UIHC) Q1 2021 Results Conference Call May 5, 2021 5:00 PM ET Company Participants Adam Prior - Senior Vice President, The Equity Group Dan Peed - Chairman and Chief Executive Officer Brad Martz - President and Chief Financial Officer Conference Call Participants Charles Peters - Raymond James Elyse Greenspan - Wells Fargo Operator Hello, and welcome to the United Insurance Holdings Corp Q1 Conference Call. At this time, all participants are in a listen-only mode. [Operator I ...
United Insurance(ACIC) - 2021 Q1 - Earnings Call Presentation
2021-05-06 19:25
Company Overview - United Insurance Holdings Corporation (UIHC) has total assets of $2.80 billion and total equity of $359 million as of March 31, 2021[2] - UPC Insurance has $1.26 billion in premium in-force[2] Q1-2021 Financial Results - The core loss was -$19.4 million or -$0.45 per share[3] - Net current year catastrophe loss & LAE incurred was $23.965 million[4] - Net unfavorable reserve development was $29.769 million[4] - The underlying combined ratio was 90.4%, a 0.3 point improvement year-over-year[3] - The net loss & LAE ratio was 79.3%[4] - The combined ratio was 127.2%[4] Florida Litigation & Legislative Changes - Insurers in Florida paid $15.3 billion in connection to lawsuits from 2013 to 2020, with 71% of payments funding plaintiff attorney fees[8] - Florida Senate Bills 76 and 1598 are expected to become law on July 1, 2021, which includes changes to the one-way attorney fees statute and reduces the time allowed to file claims[3, 10] - Restricting new FL homeowners' and filed a +14.7% rate increase (effective 7/1)[3]
United Insurance(ACIC) - 2020 Q4 - Earnings Call Transcript
2021-02-25 04:38
United Insurance Holdings Corp. (UIHC) Q4 2020 Earnings Conference Call February 24, 2021 5:00 PM ET Company Participants Adam Prior - Senior Vice President, The Equity Group Daniel Peed - Chairman and Chief Executive Officer Brad Martz - President and Chief Financial Officer Conference Call Participants Greg Peters - Raymond James Elyse Greenspan - Wells Fargo Ron Bobman - Capital Returns Bill Broomall - Dowling & Partners Operator Greetings, and welcome to the United Insurance Holdings Corp. Fourth Quarte ...
United Insurance(ACIC) - 2020 Q3 - Earnings Call Transcript
2020-11-08 14:18
United Insurance Holdings Corp. (UIHC) Q3 2020 Earnings Conference Call November 5, 2020 5:30 PM ET Company Participants Adam Prior - Senior Vice President, The Equity Group, Investor Relations Dan Peed - Chief Executive Officer Brad Martz - Chief Financial Officer Conference Call Participants Greg Peters - Raymond James Matt Carletti - JMP Securities Elyse Greenspan - Wells Fargo Bill Broomall - Dowling & Partners Operator Greetings, and welcome to the United Insurance Holdings Corp., Third Quarter 2020 Ea ...