Universal Insurance Holdings, Inc., through its subsidiaries, operates as a vertically integrated insurance company. It operates through two segments, Insurance and Online Commerce. The Insurance Segment includes underwriting through Universal Property & Casualty Insurance Company (UPCIC); managing general agent operations through Universal Risk Advisors, Inc.; claims processing through Universal Adjusting Corporation; property inspections through Universal Inspection Corporation; and marketing and distribution through Coastal Homeowners Insurance Specialists, Inc. and Universal Florida Insurance Agency, Inc. It also sells homeowner's insurance and includes distribution and claims process. As of December 31, 2003, UPCIC’s portfolio included approximately 34,000 policies with coverage for wind risks and 6,000 policies without wind risks. The Online Commerce segment comprises Internet insurance leads generation through Tigerquote.com Insurance Solutions, Inc. Universal Insurance Holdings was organized as Universal Heights, Inc. in 1990. It changed its name to Universal Insurance Holdings, Inc. in 2001. The company is headquartered in Miami, Florida.