The estimated Net Worth of Daniel Peed is at least $17.8 Million dollars as of 5 March 2019. Mr. Peed owns over 8,000 units of United Insurance Corp stock worth over $15,470,129 and over the last 7 years he sold UIHC stock worth over $2,131,332. In addition, he makes $153,500 as Chairman of the Board and Chief Executive Officer at United Insurance Corp.
R has made over 23 trades of the United Insurance Corp stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 8,000 units of UIHC stock worth $128,080 on 5 March 2019.
The largest trade he's ever made was selling 12,000 units of United Insurance Corp stock on 6 February 2019 worth over $193,440. On average, R trades about 4,874 units every 2 days since 2018. As of 5 March 2019 he still owns at least 1,950,836 units of United Insurance Corp stock.
You can see the complete history of Mr. Peed stock trades at the bottom of the page.
R. Daniel Peed has been appointed as Chairman of the Board, Chief Executive Officer of the Company., effective 7/1/2020. R. Daniel Peed has served as a member of our Board since April 2017. Mr. Peed served on the board of ACIC, our wholly-owned subsidiary which we acquired as part of our acquisition of AmCo Holding Company ("AmCo"), from 2007 to 2017. Mr. Peed served as Non-Executive Vice Chairman of AmRisc, LLC (formerly known as "CRC Insurance Services, Inc.") ("AmRisc"), the managing general agent of ACIC, from December 2018 until December 2019. Previously, Mr. Peed served as the President and Chief Executive Officer of AmRisc from December 2000 to December 2018. From 1991 to 2000, Mr. Peed served as a senior vice president of SOREMA North America Reinsurance Company, Fulcrum Insurance. In addition, from 1985 to 1991, Mr. Peed was a supervisor at Factory Mutual Engineering Association. Mr. Peed has a B.S. in petroleum engineering from Texas A&M University and an M.B.A. with a concentration in insurance from the University of North Texas. In addition, Mr. Peed has the Chartered Property & Casualty Underwriter (CPCU) and Associate in Reinsurance ("ARe") designations and a Professional Engineering designation in Fire Protection.
As the Chairman of the Board and Chief Executive Officer of United Insurance Corp, the total compensation of R Peed at United Insurance Corp is $153,500. There are 9 executives at United Insurance Corp getting paid more, with Bennett Martz having the highest compensation of $980,888.
R Peed is 57, he's been the Chairman of the Board and Chief Executive Officer of United Insurance Corp since 2020. There are 10 older and 7 younger executives at United Insurance Corp. The oldest executive at United Insurance Holdings Corp is Sherrill Hudson, 77, who is the Independent Director.
Daniel's mailing address filed with the SEC is 800 2nd Ave S, St. Petersburg, FL 33701, USA.
Over the last 16 years, insiders at United Insurance Corp have traded over $6,890,721 worth of United Insurance Corp stock and bought 3,624,703 units worth $24,630,254 . The most active insiders traders include Financial Corp Synovus, Alec Ii Poitevint, and Iii William H. Hood. On average, United Insurance Corp executives and independent directors trade stock every 16 days with the average trade being worth of $166,863. The most recent stock trade was executed by Christopher Griffith on 27 May 2023, trading 16,177 units of UIHC stock currently worth $128,284.
upc insurance is a flourishing and vibrant company that focuses on writing personal property insurance in catastrophe-exposed areas since 1999. upc is one of the fastest growing homeowners companies in the country. headquartered in st. petersburg, florida, we currently operate in several states with plans to rapidly expand. upc insurance maintains an “a”(exceptional) financial stability rating from demotech. at upc we believe that extraordinary associates drive our business. our team of talented and committed employees creates value for our customers and shareholders. we are traded on the nasdaq exchange with the symbol “uihc.” our ultimate vision is to be the premier provider of property insurance in catastrophe-exposed areas.
United Insurance Corp executives and other stock owners filed with the SEC include: