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United Insurance CFO Nicholas Griffin steps down

 

Wednesday, Jun 10,2009, 11:27:07 PM   Click:

Nicholas Griffin, chief financial officer of United Insurance Holdings Corp., resigned from the company.

Griffin is stepping down to pursue another opportunity, United Insurance, based in St. Petersburg, said in a release.

Griffin said in the release said that decision to leave does not reflect negatively on United Insurance (OTCBB: UIHC), a property and casualty company that was founded in 1999 and went public in October as a result of a reverse merger.

Griffin resigned effective June 5 but will remain with the company through mid-July to assist in the transition of his duties, the release said.

United Insurance said it would immediately begin a search for a successor.

United Insurance primarily underwrites homeowners insurance in Florida.

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