8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

	Washington, D.C. 20549
	FORM 8-K
	CURRENT REPORT
	Pursuant to Section 13 or 15 (d) of the
	Securities Exchange Act of 1934
	October 6, 2010
	Date of report (Date of earliest event reported)
	Universal Insurance Holdings, Inc.
	(Exact name of registrant as specified in its charter)
Delaware		001-33251		65-0231984
(State or other jurisdiction		(Commission file number)		(IRS Employer
of incorporation or organization)				Identification No.)
	1110 W. Commercial Blvd. Suite 100, Fort Lauderdale, Florida 33309
	(Address of Principal Executive Offices)
Registrant’s telephone number, including area code:			(954) 958-1200

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

ITEM 8.01                      Other Events.

On October 6, 2010, Universal Insurance Holdings, Inc. (the “Company”) announced that its Board of Directors approved a dividend on the Company’s common stock.   The announcement, a copy of which is attached hereto as Exhibit 99.1 to this report, is incorporated herein by reference.

ITEM 9.01                      Financial Statements and Exhibits

(d) Exhibits:

99.1           Press Release, dated October 6, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: October 6, 2010	UNIVERSAL INSURANCE HOLDINGS, INC.
	/s/ George R. De Heer
	George R. De Heer
	Chief Financial Officer

EX-99.1 CHARTER

Universal Insurance Holdings, Inc. Declares

Ten Cent Cash Dividend

Fort Lauderdale, FL, October 6, 2010 - Universal Insurance Holdings, Inc. (“Company”) (NYSE AMEX:  UVE) announced today that its Board of Directors declared a cash dividend of $0.10 per share on its common stock.  The dividend is payable on November 5, 2010 to shareholders of record on October 22, 2010.

The Board of Directors’ decision to declare a dividend at this time reflects the Company's assessment of current business and corporate needs.  The Company undertakes similar assessments throughout the year in considering dividend distributions.

About Universal Insurance Holdings, Inc.

Universal Insurance Holdings, Inc. is a vertically integrated insurance holding company, which through its subsidiaries, covers substantially all aspects of insurance underwriting, distribution, claims processing and exposure management. Universal Property & Casualty Insurance Company (UPCIC), a wholly owned subsidiary of the Company, is one of the five leading writers of homeowners’ insurance in Florida and is now fully licensed and has commenced its operations in Hawaii, North Carolina and South Carolina. For additional information on the Company, please visit our investor relations website at www.universalinsuranceholdings.com.

Forward-Looking Statements and Risk Factors

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “anticipate,” and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include commentary on plans, products and lines of business, marketing arrangements, reinsurance programs and other business developments and assumptions relating to the foregoing.  Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described and the Company undertakes no obligation to correct or update any forward-looking statements.  For further infor mation regarding risk factors that could affect the Company’s operations and future results, refer to the Company's reports filed with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2009, the Form 10-Q/A for the quarter ended March 31, 2010 and the Form 10-Q for the quarter ended June 30, 2010. 

Investor Contact

Philip Kranz, Dresner Corporate Services, 312-780-7240, pkranz@dresnerco.com