United Insurance Holdings Corp. (NASDAQ: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today announced that it has filed a universal shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (the SEC). The registration statement is intended to provide the Company flexibility to access the public capital markets in order to respond to business opportunities. Although the registration statement relating to these securities has been filed with the SEC, it has not yet become effective. UPC Insurance currently has no specific plans to issue securities under the registration statement. If and when the registration statement is declared effective by the SEC, the registration statement will allow UPC Insurance the flexibility to offer and sell from time to time up to $75 million of securities such as senior, subordinated or convertible debt securities, warrants, units, common and preferred stock, or any combination thereof. Following the effectiveness of the shelf registration statement, UPC Insurance may periodically offer one or more of the registered securities in amounts, at prices, and on terms to be announced when, and if, the securities are offered. The terms of any securities offered under the registration statement, and the intended use of the net proceeds resulting therefrom, will be established at the times of the offerings and will be described in prospectus supplements filed with the SEC at the times of the offerings. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.