United Insurance: 4Q Earnings Snapshot

Posted at 4:42 PM, Feb 19, 2019
and last updated 2019-02-19 16:42:20-05

SAINT PETERSBURG, Fla. (AP) — United Insurance Holdings Corp. (UIHC) on Tuesday reported a fourth-quarter loss of $11.1 million, after reporting a profit in the same period a year earlier.

The Saint Petersburg, Florida-based company said it had a loss of 26 cents per share. Losses, adjusted for one-time gains and costs, came to 2 cents per share.

The property and casualty insurance company posted revenue of $181.1 million in the period. Its adjusted revenue was $193.1 million.

United Insurance shares have climbed slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.67, a decline of 11 percent in the last 12 months.


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