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Hurricane cuts profit at UPC insurance

February 20, 2019 - United Insurance Holdings Corp. (Nasdaq: UIHC) posted net income of $290,000 for 2018, a 97 percent drop from 2017. Hurricane Michael and other catastrophic events cut profits at the St. Petersburg-based property and casualty insurer. Revenue was up 10.6 percent to $723.9 million.

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