ITEM 1.01 Entry Into a Material Definitive Agreement.

On November 15, 2012, Universal Insurance Holdings, Inc. ("Company") entered into an Indemnification Agreement with each of its directors and with George R. De Heer, the Company's Chief Financial Officer, and Jon W. Springer, the Executive Vice President of Blue Atlantic Reinsurance Corporation, a subsidiary of the Company. Pursuant to each agreement, and subject to the exceptions and limitations provided therein, the Company has agreed to indemnify and hold harmless each director, Mr. De Heer and Mr. Springer to the fullest extent permitted by law against any and all liabilities and expenses in connection with any proceeding to which the director or officer was, is or becomes a party arising out of his services as an officer, director, employee, agent or fiduciary of the Company or its subsidiaries. The foregoing description is qualified in its entirely by the full text of the form of Indemnification Agreement, which is filed as Exhibit 10.1.

ITEM 9.01 Financial Statements and Exhibits

(d) Exhibits:

10.1 Form of Indemnification Agreement

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