[November 30, 2012]

United Insurance Holdings Corp. Announces Commencement of Common Stock Offering

United Insurance Holdings Corp. (OTCBB: UIHC) (the Company), a property and casualty insurance holding company, today announced that it has commenced an underwritten public offering of 5,300,075 shares of its common stock, of which 5,000,000 shares will be sold by the Company and 300,075 shares will be sold by existing stockholders of the Company. The Company will not receive any proceeds from the sale of the shares by the selling stockholders. In addition, the Company has granted the underwriters of the offering an option to purchase an additional 750,000 shares of the Company's common stock to cover over-allotments, if any. Proceeds from this offering are intended for general corporate purposes, including statutory capital in support of growth.

Upon the closing of the offering, the Company expects that its common stock will be listed on The Nasdaq Capital Market, under the symbol "UIHC."

Raymond James & Associates, Inc. is serving as book-running manager of the proposed offering. Sterne, Agee & Leach, Inc. is serving as co-manager. The offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to this offering, when available, may be obtained from Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716, (800)-248-8863.

A registration statement relating to these securities has been filed with the SEC (News - Alert), but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. Thi 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.

Forward Looking Statements

Certain of the statements made in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 These forward-looking statements include, among others, statements relating to United's expectations regarding the completion of the proposed public offering and participation of selling stockholders in the offering. Actual results or developments may differ materially from those projected or implied in these forward-looking statements. Factors that may cause such a difference include, without limitation, risks and uncertainties related to whether or not United will be able to raise capital through the sale of shares of common stock, the final terms of the proposed offering, market and other conditions, the satisfaction of customary closing conditions related to the proposed public offering and the impact of general economic, industry or political conditions in the United States or internationally. There can be no assurance that United will be able to complete the proposed public offering or that selling stockholders will participate in the offering, on the anticipated terms, or at all. You should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. Additional risks and uncertainties relating to the proposed offering, United, and its business can be found under the heading "Risk Factors" in United's Annual Report on Form 10-K for the year ended December 31, 2011, the prospectus relating to the offering, and other documents filed with the SEC. United does not undertake any obligation to update forward-looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

About United Insurance Holdings Corp.

Founded in 1999, United Property & Casualty Insurance Company, a subsidiary of United Insurance Holdings Corp., writes and services homeowners insurance in Florida, South Carolina, Massachusetts, and Rhode Island. From its headquarters in St. Petersburg, United's team of dedicated professionals 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.

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