Universal Insurance Holdings, Inc. (UVE) is a private personal residential homeowners insurance company in Florida. The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company writes personal residential homeowners insurance policies, predominantly in Florida. The Company also writes homeowners insurance policies in Delaware, Georgia, Hawaii, Indiana, Maryland, Massachusetts, Minnesota, North Carolina, Pennsylvania and South Carolina. The Company is also licensed to issue policies in Alabama, Michigan, New Hampshire, Virginia and West Virginia. It has a distribution network of approximately 7,800 licensed independent agents. Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC, and together with UPCIC, the Insurance Entities) are its insurance operating subsidiaries.