Washington, D.C. 20549

                                      FORM 8-K

                                   CURRENT REPORT

                       Pursuant to Section 13 or 15 (d) of the
                           Securities Exchange Act of 1934

                                 August 22, 2006
                Date of report (Date of earliest event reported)

               (Exact name of registrant as specified in its charter)

    Delaware                               000-20848              65-0231984
---------------------------          --------------------        -------------
(State or other jurisdiction         (Commission file number)   (IRS Employer
of incorporation or organization)                               Identification

       1110 W. Commercial Blvd. Suite 100, Fort Lauderdale, Florida 33309
                    (Address of Principal Executive Offices)

Registrant's telephone number, including area code: (954) 958-1200

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):

   Written communication pursuant to Rule 425 under the Securities Act (17
   CFR 230.425).
   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
   CFR 240.14a-12).
   Pre-commencement communications pursuant to Rule 14d-2(b) under the
   Exchange Act (17 CFR 240.14d-2(b)).
   Pre-commencement communications pursuant to Rule 13e-4(c) under the
   Exchange Act (17 CFR 240.13e-4(c)).

ITEM 8.01    Other Events.

On August 22, 2006, Universal Insurance Holdings, Inc. (the "Company") announced
that its board of directors approved a dividend on the Company's Common Stock.
The announcement, a copy of which is furnished as Exhibit 99.1 to this report,
is incorporated herein by reference.

ITEM 9.01    Financial Statements and Exhibits

(c) Exhibits:

99.1  Press Release, dated August 22, 2006.


      Pursuant to the requirements of the Securities Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

   Date: August 31, 2006                     UNIVERSAL INSURANCE HOLDINGS, INC.

                                             By:  /s/Bradley I. Meier
                                                    Bradley I. Meier
                                                    President and Chief
                                                    Executive Officer