WASHINGTON, DC 20549

                                   FORM 12B-25
                                          Commission File Number 0-20848

                           NOTIFICATION OF LATE FILING

(Check One):  [ X ] Form 10-K   [   ] Form 11-K [   ] Form 20-F   [  ] Form 10-Q
[   ] Form N-SAR

For Period Ended:  December 31, 2002

[   ]   Transition Report on Form 10-K    [   ]  Transition Report of Form 10-Q
[   ]   Transition Report on Form 20-F    [   ]  Transition Report on Form N-SAR
[   ]   Transition Report on Form 11-K

For the Transition Period Ended:


     Nothing in this form shall be  construed to imply that the  Commission  has
verified any information contained herein.

     If the  notification  relates  to a portion of the  filing  checked  above,
identify the item(s) to which the notification relates:

                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant: Universal Insurance Holdings, Inc.

Former name if applicable:  Universal Heights, Inc.

Address of principal executive office (Street and number):

                         2875 N.E. 191st Street, Suite 300

City, state and zip code: Miami, Florida 33180

                                     PART II
                             RULE 12B-25 (B) AND (C)

     If the subject  report could not be filed  without  unreasonable  effort or
expense  and  the  registrant  seeks  relief  pursuant  to Rule  12b-25(b),  the
following should be completed.
(Check box if appropriate.)

[X]  (a) The reasons  described  in  reasonable  detail in Part III of this form
     could not be eliminated without unreasonable effort or expense;

[X]  (b) The subject annual report,  semi-annual  report,  transition  report on
     Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
     before the 15th  calendar day  following  the  prescribed  due date; or the
     subject  quarterly  report or  transition  report on Form 10-Q,  or portion
     thereof  will be filed on or before the fifth  calendar day  following  the
     prescribed due date; and

[ ] (c)   The   accountant's  statement  or   other  exhibit  required  by  Rule
     12b-25(c) has been attached if applicable.

                                    PART III

     State below in  reasonable  detail the reasons why Form 10-K,  11-K,  20-F,
10-Q,  N-SAR or the transition  report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)

     The  Company  recently  engaged  Blackman  Kallick  Bartelstein  LLP as its
     independent  accountants  as described in the Form 8-K filed by the Company
     with the Securities and Exchange  Commission on October 28, 2002.  Although
     Blackman  Kallick  Bartelstein  LLP has made every  effort to complete  its
     work, it has informed the Company that it will require some additional time
     to finalize its report for the fiscal year ended  December  31, 2002.  As a
     result,  the Company requires  additional time to prepare its Annual Report
     on Form 10-KSB for the period ended  December 31, 2002.  The Company  fully
     expects  to be able to file the Form  10-KSB  on or  before  the  fifteenth
     calendar day following the prescribed due date.

                                     PART IV
                                OTHER INFORMATION

     (1) Name and  telephone  number  of  person  to  contact  in regard to this

James M. Lynch                         (305) 792-4200
(Name)                                 (Area Code) (Telephone Number)

     (2) Have all other periodic  reports  required under Section 13 or 15(d) of
the Securities  Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940  during the  preceding  12 months or for such  shorter  period  that the
registrant was required to file such report(s) been filed?  If the answer is no,
identify report(s).

                                                                 [X] Yes  [ ] No

     (3) Is it anticipated that any significant  change in results of operations
from the corresponding  period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
                                                                 [  ] Yes [X] No

      If so, attach an explanation of the anticipated  change,  both narratively
and  quantitatively,  and, if  appropriate,  state the reasons why a  reasonable
estimate of the results cannot be made.

                      Universal Insurance Holdings, Inc.
                    (Name of registrant as specified in charter)

has  caused  this  notification  to be signed on its  behalf by the  undersigned
hereunto duly authorized.

Date:  March 31, 2003                  By:     /s/ James M. Lynch
       --------------                          ---------------------------------
                                              James M. Lynch
                                              Chief Financial Officer