Universal Insurance Holdings, Inc. Applies for American Stock Exchange Listing.

FORT LAUDERDALE, Fla. -- Universal Insurance Holdings, Inc. (OTCBB:UVIH), a provider of property and casualty insurance, today announced that it has applied for listing of its shares of common stock on the American Stock Exchange LLC (AMEX). Although no assurances can be given, the Company believes it will be able to meet the listing requirements.

Bradley I. Meier, President and Chief Executive Officer of the Company, said, "The submission of our application to AMEX is an important step in gaining greater exposure in the investment community. We believe that the listing of our common stock on AMEX will enhance shareholder liquidity and value. We are pleased to be taking this step in the capital markets."

Universal Insurance Holdings, Inc. is a vertically integrated insurance company. Readers should refer generally to reports filed by the Company with the SEC, and specifically to the Company's Form 10-KSB for the year ended December 31, 2005 and the Company's latest quarterly report on Form 10-QSB for a discussion of the risk factors that could affect its operations. Such factors include, without limitation, exposure to catastrophic losses; reliance on the Company's reinsurance program; underwriting performance on catastrophe and non-catastrophe risks; the ability to maintain relationships with customers, employees or suppliers; and competition and its effect on pricing, spending, third-party relationships and revenues. Additional factors that may affect future results are contained in the Company's filings with the SEC, which are available at the SEC's web site at http://www.sec.gov. The Company disclaims any obligation to update and revise statements contained in this presentation based on new information or otherwise.

Cautionary Language Concerning Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate" and "project," and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include, but not be limited to, projections of revenues, income or loss, expenses, plans and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described in forward-looking statements.