WASHINGTON, DC 20549

                                   FORM 12b-25

                                                  Commission File Number 0-20848

                           NOTIFICATION OF LATE FILING

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

For Period Ended:  March 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  terminated its  outsourcing  arrangements  for its
       insurance  operations  and certain  data  processing  and record  keeping
       functions.  These services are now provided in-house. It has taken longer
       than  anticipated to complete the conversion,  obtain data from the prior
       provider and to reconcile  information  and  accounts.  As a result,  the
       Company requires  additional time to prepare its Quarterly Report on Form
       10-QSB for the period ended March 31, 2002.  The Company fully expects to
       be able to file the Form  10-QSB on or  before  the  fifth  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:  May 14, 2002               By: /s/ James M. Lynch
                                      James M. Lynch
                                      Chief Financial Officer