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United Insurance: 2Q Earnings Snapshot

July 31, 2019

SAINT PETERSBURG, Fla. (AP) _ United Insurance Holdings Corp. (UIHC) on Wednesday reported a second-quarter loss of $2.9 million, after reporting a profit in the same period a year earlier.

The Saint Petersburg, Florida-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring gains, were 8 cents per share.

The property and casualty insurance company posted revenue of $204.8 million in the period. Its adjusted revenue was $202.1 million.

United Insurance shares have decreased 32% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.33, a drop of 45% 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

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