United Insurance Holding Corp. (OTCBB: FMGQ; FMGQW; FMGQU) (“United”
or the “Company”),
an underwriter of homeowners and selected small business insurance in
the state of Florida, today announced that it has successfully completed
its merger with FMG Acquisition Corp. The vote to approve the merger
took place yesterday at FMG’s special meeting
of stockholders, and the merger was closed and declared effective later
that day.
United will continue to trade on the OTCBB under the symbols FMGQ,
FMGQW, and FMGQU until a new symbol is issued.
About United Insurance Holdings Corp.
Founded in 1999, United Insurance Holdings Corp. underwrites homeowners
insurance and selected small business insurance in the state of Florida.
From its headquarters in St. Petersburg, United’s
team of dedicated employees manages a completely integrated insurance
company, including sales, underwriting, policyholder service and claims.
The Company distributes its homeowners, dwelling fire, flood and garage
liability products through over 200 agency groups and conducts business
through three wholly-owned subsidiaries. Homeowners insurance
constitutes the majority of United’s premiums
and policies.
Forward Looking Statements
This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 about
FMG or United. Forward-looking statements are statements that are not
historical facts. Such forward-looking statements, based upon the
current beliefs and expectations of FMG or United’s
management, are subject to risks and uncertainties, which could cause
actual results to differ from the forward-looking statements. The
information set forth herein should be read in light of such risks. FMG
or United assumes no obligation to update the information contained in
this press release.
United Insurance Holdings Corp.
Nick Griffin, 727-895-7737
Chief
Financial Officer
or
FMG Acquisition Corp.
Larry
G. Swets, Jr., 630-626-4391
Chief Financial Officer
or
Investor
Relations:
The Equity Group Inc.
Adam Prior,
212-836-9606
Vice President
aprior@equityny.com
