United Insurance Holdings Corp. (OTCBB: UIHC) (United or the Company), a property and casualty insurance holding company, today announced that its Board of Directors has appointed John Forney, CFA, as its Chief Executive Officer. Mr. Forney will join United on Thursday June 14, 2012, and will also serve as a Director on the Company’s Board.
He frequently speaks at insurance industry conferences, and has testified on insurance industry issues for legislatures in Florida, Texas, New Jersey, New York, and California.Mr. Forney holds a B.A. in Economics from Princeton University and an M.B.A. in finance from the Wharton School at the University of Pennsylvania, where he was the recipient of a Morgenthau Public Policy Fellowship. He also holds the Chartered Financial Analyst designation. He is a former infantry officer and graduate of the U.S. Army’s Ranger School, the military’s most challenging course for combat leaders. Mr. Forney stated, "I am extremely honored and excited to join United. The Company has a high performing, complementary team of professional managers that have helped provide a strong and stable Company for our agents, policyholders, and employees. I look forward to working with the Board and senior management to advance United towards the next phase of its growth.” About United Insurance Holdings Corp. Founded in 1999, United Property and Casualty Insurance Company, a subsidiary of United Insurance Holdings Corp., writes and services property and casualty insurance in Florida, South Carolina, Massachusetts and Rhode Island. From its headquarters in St. Petersburg, United's team of dedicated employees manages a completely integrated insurance company, including sales, underwriting, customer service and claims. The Company distributes its homeowners, dwelling fire and flood products through many agency groups and conducts business through four wholly-owned subsidiaries. Homeowners insurance constitutes the majority of United's premiums and policies. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50308646&lang=en