UNITED INSURANCE HOLDINGS CORP. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
February 6, 2023 Newswires
Share
Share
Tweet
Email

UNITED INSURANCE HOLDINGS CORP. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits

Edgar Glimpses

Item 1.01. Entry into a Material Definitive Agreement.

On February 1, 2023, United Insurance Holdings Corp. (the "Company"), together
with its wholly-owned subsidiary, United Property and Casualty Insurance
Company
, an insurance company organized under the laws of the State of Florida
("UPC"), entered into a Renewal Rights Agreement, dated as of February 1, 2023
(the "Renewal Rights Agreement"), with Slide Insurance Company, an insurance
company organized under the laws of the State of Florida ("Slide"), pursuant to
which, UPC agreed to transfer to Slide the renewal rights to UPC's personal
lines homeowners business in Florida.

Under the terms of this transaction, UPC cancelled approximately 72,000 Florida
personal lines policies on February 1, 2023, and Slide simultaneously issued
replacement policies. Additionally, Slide will make offers of coverage to
additional Florida personal lines policies expiring in April 2023.

In addition, on February 1, 2023, the Company, together with its wholly-owned
subsidiary, United Insurance Management, L.C., a Florida limited liability
company ("UIM"), entered into an Asset Purchase and Services Agreement (the
"Service Agreement"), with Slide, pursuant to which, UIM agreed to sell, and
Slide agreed to purchase certain intellectual property and data. Under the terms
of this agreement, UIM will also provide Slide with policy administration
services in exchange for Slide reimbursing UIM's costs for providing such
services. In exchange for the sale of intellectual property and data, Slide will
pay UIM two percent of gross earned premium of the policies renewed by pursuant
to the Renewal Rights Agreement.

The description of the Renewal Rights Agreement and the Service Agreement are
qualified in their entirety by reference to the full text of the applicable
agreement, which are filed as Exhibit 10.1 and Exhibit 10.2, respectively, to
this Current Report on Form 8-K and incorporated herein by reference.

Item 2.01 Completion of Acquisition or Disposition of Assets.

The information contained in Item 1.01 concerning the Renewal Rights Agreement
and the Service Agreement is hereby incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

  Exhibit No.                                           Description

      10.1             Renewal Rights Agreement, dated as of February 1, 2023, by and among United
                       Property and Casualty Insurance Company and Slide Insurance Company.

      10.2             Asset Purchase and Services Agreement, dated as of February 1, 2023, by and
                       among United Insurance Management, L.C. and Slide Insurance Company.

      104              Cover Page Interactive Data File (embedded within the Inline XBRL document)

Older

Reports from Landmark University Add New Data to Research in Public Health (Perception among NHIS-HMO Enrolees of the Attitudes of Medical Personnel during Outpatient Care in Lagos Hospitals): Health and Medicine – Public Health

Newer

State’s theory on why Murdaugh allegedly killed doesn’t make sense, SC defense attorney says [The Charlotte Observer]

Advisor News

  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
  • Main Street families need trusted financial guidance to navigate the new Trump Accounts
  • Are the holidays a good time to have a long-term care conversation?
  • Gen X unsure whether they can catch up with retirement saving
More Advisor News

Annuity News

  • Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
  • Pension buy-in sales up, PRT sales down in mixed Q3, LIMRA reports
  • Life insurance and annuities: Reassuring ‘tired’ clients in 2026
  • Insurance Compact warns NAIC some annuity designs ‘quite complicated’
  • MONTGOMERY COUNTY MAN SENTENCED TO FEDERAL PRISON FOR DEFRAUDING ELDERLY VICTIMS OF HUNDREDS OF THOUSANDS OF DOLLARS
More Annuity News

Health/Employee Benefits News

  • Vermonters urged to secure health coverage early for 2026
  • Guess which country pays the most for health care
  • GUEST COLUMN: Working is no guarantee you’ll have health insurance
  • THE PUBLIC PULSE Sunday Public Pulse
  • Stafford woman's premiums set to rise to $2,240 a month Stafford woman's premiums set to rise to $2,240 a month
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Legals for December, 12 2025
  • AM Best Affirms Credit Ratings of Manulife Financial Corporation and Its Subsidiaries
  • AM Best Upgrades Credit Ratings of Starr International Insurance (Thailand) Public Company Limited
  • PROMOTING INNOVATION WHILE GUARDING AGAINST FINANCIAL STABILITY RISKS ˆ SPEECH BY RANDY KROSZNER
  • Life insurance and annuities: Reassuring ‘tired’ clients in 2026
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
  • ePIC University: Empowering Advisors to Integrate Estate Planning Into Their Practice With Confidence
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet