The estimated Net Worth of Alec Ii Poitevint is at least $4.68 Million dollars as of 28 December 2022. Mr. Poitevint owns over 944 units of United Insurance Corp stock worth over $4,511,726 and over the last 12 years he sold UIHC stock worth over $0. In addition, he makes $163,500 as Lead Independent Director at United Insurance Corp.
Alec has made over 35 trades of the United Insurance Corp stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 944 units of UIHC stock worth $755 on 28 December 2022.
The largest trade he's ever made was buying 219,658 units of United Insurance Corp stock on 11 December 2012 worth over $1,144,418. On average, Alec trades about 25,378 units every 86 days since 2012. As of 28 December 2022 he still owns at least 568,944 units of United Insurance Corp stock.
You can see the complete history of Mr. Poitevint stock trades at the bottom of the page.
Alec L. Poitevint II serves as Lead Independent Director of the Company. Alec L. Poitevint, II has served as a member of our Board since September 2008, and prior to that served as a director of our predecessor company, United Insurance Holdings, L.C. ("UIH"), from 2001 to 2008. Mr. Poitevint has served as Chairman and President of Southeastern Minerals, Inc. ("Southeastern Minerals") and its affiliated companies, headquartered in Bainbridge, Georgia, since 1981. Southeastern Minerals manufactures and distributes mineral ingredients. He joined Southeastern Minerals in 1970. Mr. Poitevint previously served as a director (from 1989 to 2010), Vice Chairman (from 1994 to 2010), and President (2006) of First Port City Bank of Bainbridge. Mr. Poitevint served as a director of Agri-Nutrition/Virbac Corporation from 1996 to 2006, and at various times during his tenure he held the positions of Chairman of the Board and Chairman of the Audit Committee. Mr. Poitevint has also served as the Chairman of American Feed Industry Insurance Company since 2002 and is the former Chairman of the American Feed Industry Association and National Feed Ingredients Association. Mr. Poitevint served on the Republican National Committee ("RNC") as Committeeman or Chairman for Georgia from 1989 to 2012 and served as RNC Treasurer from 1997 to 2001. Mr. Poitevint graduated from the University of Georgia, with a Bachelor of Arts in Economics.
As the Lead Independent Director of United Insurance Corp, the total compensation of Alec Poitevint at United Insurance Corp is $163,500. There are 6 executives at United Insurance Corp getting paid more, with Bennett Martz having the highest compensation of $980,888.
Alec Poitevint is 72, he's been the Lead Independent Director of United Insurance Corp since 2008. There are 1 older and 14 younger executives at United Insurance Corp. The oldest executive at United Insurance Holdings Corp is Sherrill Hudson, 77, who is the Independent Director.
Alec's mailing address filed with the SEC is C/O UNITED INSURANCE HOLDINGS CORP., 800 2ND AVENUE S, ST. PETERSBURG, FL, 33701.
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: