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
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • 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
Post
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

  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
More Advisor News

Annuity News

  • Symetra and TIAA Announce Launch of Mariner Re
  • Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
  • Farm Bureau P&C insurers post first underwriting gain since 2021
  • Legacy Marketing, Malibu Life launch two fixed indexed annuities
  • Changing client priorities are reshaping annuity conversations
More Annuity News

Health/Employee Benefits News

  • Employers adapting benefits to support caregivers
  • AM Best Assigns Credit Ratings to TMHCC (CI) Insurance SPC Ltd.
  • Building trust in a more complex Medicare Advantage market
  • Access Health CT opens health plan enrollment for 2027
  • Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
More Health/Employee Benefits News

Life Insurance News

  • Symetra and TIAA Announce Launch of Mariner Re
  • Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
  • 115-year-old Pan-American Life Insurance Group on track to surpass $2B in revenue
  • Life insurers race to win retirement customers as distribution shifts
  • Life insurer ordered to stop selling new policies in Virginia
Sponsor
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
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
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • 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
© 2026 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.