[LOGO]UNIVERSAL INSURANCE HOLDINGS, INC.






                 UNIVERSAL INSURANCE HOLDINGS, INC. ANNOUNCES A
                TYPOGRAPHICAL ERROR IN RECENTLY FILED FORM 10-KSB


FORT  LAUDERDALE, FL, APRIL 3, 2008 - UNIVERSAL INSURANCE HOLDINGS, INC. ("UIH")
(AMEX:  UVE), a vertically integrated insurance holding company, announced today
a typographical  error in the headings of certain of the financial statements in
its Annual Report  on  Form 10-KSB as filed with the SEC on March 17, 2008.  The
Company confirms that its  financial  statements for the year ended December 31,
2007, as filed, are audited.  The Company  regrets  the error and will be filing
promptly a corrective amendment to its Form 10-KSB.

ABOUT UNIVERSAL INSURANCE HOLDINGS, INC.
The  Company  is  a  vertically integrated insurance holding  company  operating
solely  in the state of  Florida.  Through  its  subsidiaries,  the  Company  is
currently  engaged in insurance underwriting, distribution and claims. Universal
Property & Casualty  Insurance Company (UPCIC), which generates revenue from the
collection and investment of premiums, is one of the top five leading writers of
homeowners insurance in  the  state  of Florida and has aligned itself with well
respected service providers in the industry.

CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking  statements"  within the meaning of
the  Private  Securities  Litigation  Reform  Act of 1995. The words  "believe,"
"expect," "anticipate" and "project," and similar  expressions identify forward-
looking statements, which speak only as of the date the statement was made. Such
statements may include, but not be limited to, projections  of  revenues, income
or  loss,  expenses, plans, 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 in forward-looking statements.

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