Shannon A. Brown
On November 3, 2022, the Board of Directors (the “Board”) of Universal Insurance Holdings, Inc. (the “Company”) appointed Shannon A. Brown as a member of the Company’s Board, effective as of such date.
Highest-materiality recent filing
Universal Insurance Q2 EPS $2.04, revenue up 6.7%; combined ratio improves to 91.6%
Diluted GAAP EPS of $2.04 vs $1.21 prior year; adjusted EPS $1.84 vs $1.23.
Universal Insurance declares $0.16 quarterly dividend payable Aug 7, 2026
Quarterly cash dividend of $0.16 per share declared by Board of Directors.
Universal Insurance Holdings issues $100M 7.75% senior notes due 2031; redeems 2026 notes
Issued $100M of 7.75% Senior Unsecured Notes due 2031; interest payable semi-annually beginning Dec 30, 2026.
Universal Insurance shareholders elect all 12 director nominees, approve say-on-pay, ratify auditor
All 12 director nominees elected with strong majorities; votes ranged from 18.1M to 19.7M for each nominee.
UVE amends indenture to shorten redemption notice to 5 days and allow conditional redemptions
First Supplemental Indenture with UMB Bank amends 5.625% Senior Unsecured Notes due 2026.
Combined first-event tower increased ~$50M to $2.623 billion; first-event statutory retention unchanged at $45M.
Universal Q1 GAAP EPS $1.88 vs $1.44 YoY; net combined ratio 89.7% improves 5.3 pts
Diluted GAAP EPS of $1.88, adjusted EPS $2.00; net income $54.3M up 31% YoY.
Universal declares $0.16 quarterly dividend; Q1 results April 23
Dividend of $0.16/share, payable May 15, 2026 to holders of record May 8, 2026.
Universal Insurance Q4 2025 EPS $2.28; book value up 48% YoY
GAAP diluted EPS $2.28; adjusted diluted EPS $2.17 for Q4 2025.
Universal Insurance declares regular $0.16 quarterly dividend payable March 13
Cash dividend of $0.16 per common share declared by Board of Directors.
Universal Insurance Holdings announces $20M share repurchase authorization through Jan 2028
Board authorized $20 million share repurchase program running through January 8, 2028.
Universal declares $0.29/sh total dividend ($0.16 regular + $0.13 special)
Regular quarterly dividend of $0.16/sh and special dividend of $0.13/sh declared.
Universal Q3 EPS $1.38, net income $39.8M vs prior-year loss of $16.2M
Net income $39.8M vs loss $16.2M; diluted EPS $1.38 vs ($0.57) YoY.
Universal Insurance Q2 2025 GAAP EPS $1.21, adjusted EPS $1.23; book value up 18.9% YoY
GAAP diluted EPS $1.21; adjusted diluted EPS $1.23; net income $35.1M (down 0.9% YoY).
Universal Insurance declares $0.16 quarterly dividend; schedules Q2 2025 earnings for July 24
Quarterly cash dividend of $0.16 per share declared, payable August 8, 2025 to holders of record August 1, 2025.
Universal Insurance Holdings reports annual meeting vote results; all proposals pass
All 12 director nominees elected; Scott P. Callahan received most votes against (1,933,008).
UVE insurance subsidiaries complete 2025-2026 reinsurance program; tower increased to $2.526B
All States first event retention remains unchanged at $45M.
Universal Insurance Holdings authorizes $20M share repurchase program through 2027
Board authorized up to $20M in common stock repurchases through May 1, 2027.
Universal Insurance Q1 net income up 23% to $41.4M; EPS $1.44
Diluted GAAP EPS $1.44 vs $1.14; adjusted EPS $1.44; net income $41.4M, up 23.1%.
Universal Insurance declares $0.16 quarterly dividend; Q1 earnings call set for April 25
Quarterly cash dividend of $0.16 per share, payable May 16, 2025 to holders of record May 9, 2025.
Universal Insurance Q4 GAAP EPS $0.21, adj EPS $0.25; premiums up 8.8% YoY
Direct premiums written $470.9M, up 8.8% YoY.
Universal declares $0.16 quarterly dividend payable March 14, 2025
Dividend of $0.16 per share declared by Board of Directors.
Universal Insurance declares $0.29/share total dividend including $0.13 special
Regular quarterly dividend of $0.16/share plus special dividend of $0.13/share, total $0.29/share.
Universal Insurance posts Q3 loss of $0.57 per share; direct premiums up 8% to $574M
Loss per common share of $0.57; adjusted loss per common share of $0.73.
Universal Q2 GAAP EPS $1.21, adjusted $1.18; premiums up 5.7% YoY
GAAP EPS of $1.21; diluted adjusted EPS of $1.18.
Universal Insurance fixes dividend record/payable dates; Q2 earnings call July 26
Quarterly cash dividend of $0.16 per share; payable August 9, 2024, record August 2, 2024.
Universal Insurance declares $0.16 quarterly dividend; Q2 earnings call on July 26
Quarterly cash dividend of $0.16 per share declared, payable August 9, 2024 to holders of record August 2, 2024.
All 12 director nominees elected with votes ranging from 16.4M to 18.9M for; broker non-votes 3.1M.
Universal Insurance completes 2024-2025 reinsurance program; cost rises to 33% of premium
Combined first event retention unchanged at $45M; total tower of $2.404B for single All States event.
Universal Insurance Q1 EPS $1.14, direct premiums up 8.8% to $446.2M
Diluted GAAP EPS of $1.14; adjusted EPS of $1.07.
Universal Insurance declares $0.16 quarterly dividend, payable May 17, 2024
Quarterly cash dividend of $0.16 per share declared; payable May 17, 2024 to holders of record May 10, 2024.
Universal Insurance Holdings authorizes $20M share buyback through March 2026
Board authorized repurchase of up to $20M of common stock (UVE).
Universal Insurance Q4 GAAP EPS $0.68, adjusted EPS $0.43; direct premiums up 4% YoY
Diluted GAAP EPS $0.68; diluted adjusted EPS $0.43. Annualized ROCE 24.9%.
Universal Insurance declares $0.16 quarterly dividend; Q4 2023 earnings Feb 22
Quarterly cash dividend declared at $0.16 per share, payable March 15, 2024 to holders of record March 8, 2024.
UVE enters new employment agreements with CAO and CFO effective Jan 1, 2024
Campos (CAO/CIO): base salary $375K, annual bonus target $125K, RSU target $150K.
Universal Insurance declares $0.29/share dividend ($0.16 regular + $0.13 special); 2023 total $0.77
Regular quarterly dividend of $0.16 and special dividend of $0.13 per share declared, total $0.29.
Universal Insurance board adopts annual say-on-pay frequency until 2029
Majority of shares voted at June 8, 2023 annual meeting favored annual say-on-pay votes.
Universal Insurance Q3 net loss $0.20/share; premiums up 6.3% YoY
Net loss per common share $0.20; adjusted loss $0.16.
Diluted EPS $0.93 ($0.87 adjusted); net combined ratio 99.1%, down 1.8 pts YoY.
Universal Insurance declares $0.16 quarterly dividend, payable Aug 11, 2023
Board declares cash dividend of $0.16 per share (UVE).
All 12 director nominees elected; Scott Callahan and Joel Wilentz received lowest support (~86.5% of votes cast in favor).
Universal Insurance Holdings announces $20M share repurchase program through June 2025
Board authorized share repurchase of up to $20 million in common stock.
UVE reinsurance program: cost ratio drops to 31.8%, retention cut $3.5M
Total reinsurance cost projected at ~31.8% of direct premiums earned, down from ~37.6% last year.
Universal Insurance Q1 EPS $0.79; direct premiums up 3.4% to $410.1M
Diluted EPS $0.79 (GAAP and adjusted); annualized adjusted ROCE 23.9%.
Universal Insurance declares $0.16 quarterly dividend, payable May 19
Quarterly cash dividend of $0.16 per share declared by Board of Directors.
Universal Insurance Q4 GAAP EPS $0.82, adjusted EPS $0.72; net combined ratio improves to 101.4%
Diluted GAAP EPS $0.82; adjusted EPS $0.72 for Q4 2022.
Universal Insurance declares $0.16 quarterly dividend; Q4 earnings call on Feb 24
Dividend of $0.16 per share declared, payable Mar 16, 2023 to holders of record Mar 9, 2023.
UVE board authorizes $8M share repurchase through Dec 2024
Board authorized repurchase of up to $7,997,057 through Dec 15, 2024.
UVE declares regular $0.16 and special $0.13 per share dividends, total $0.29, payable Dec 16, 2022
Board declared a regular quarterly cash dividend of $0.16/share and a special cash dividend of $0.13/share, totaling $0.29/share.
Universal Insurance appoints Shannon A. Brown to board as independent director
Shannon A. Brown appointed to board effective November 3, 2022.
On November 3, 2022, the Board of Directors (the “Board”) of Universal Insurance Holdings, Inc. (the “Company”) appointed Shannon A. Brown as a member of the Company’s Board, effective as of such date.
On March 14, 2022, Universal Insurance Holdings, Inc. (the "Company") appointed Gary L. Ropiecki to serve as the Company's Principal Accounting Officer, effective the same day.
Max materiality 0.75 · Median 0.50 · Most common event dividend