United Insurance Reports 3Q Loss

SAINT PETERSBURG, Fla. (AP) _ United Insurance Holdings Corp. (UIHC) on Monday reported a third-quarter loss of $28 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Saint Petersburg, Florida-based company said it had a loss of 66 cents. Losses, adjusted for amortization costs and non-recurring costs, were 50 cents per share.

The property and casualty insurance company posted revenue of $171.1 million in the period. Its adjusted revenue was $171.2 million.

United Insurance shares have risen 3 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $15.59, a rise of 37 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UIHC at https://www.zacks.com/ap/UIHC