UNITED STATES
                             Washington, D.C. 20549


                                    FORM 8-K
                                 CURRENT REPORT

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

      Date of Report (Date of earliest event reported): September 30, 2002

                         Commission File Number 0-20848

                           (Exact name of registrant)

                Delaware                               65-0231984
                --------                               ----------
        (State of incorporation)          (I.R.S. Employer Identification No.)

                        2875 N.E. 191st Street, Suite 300
                             Miami, Florida 33180
            (Address of principal executive offices and zip code)

                                 (305) 792-4200
                         (Registrant's telephone number)



      On September 30, 2002,  Deloitte & Touche LLP resigned as the  independent
auditor for Universal Insurance Holdings, Inc. ("Company").  The Company has not
yet engaged a new auditor.

      During the Company's two most recent fiscal years ended December 31, 2001,
and the  subsequent  interim period  through  September 30, 2002,  there were no
disagreements  between the  Company  and  Deloitte & Touche LLP on any matter of
accounting  principles or practices,  financial statement disclosure or auditing
scope or procedures, which disagreements, if not resolved to the satisfaction of
Deloitte & Touche LLP, would have caused Deloitte & Touche LLP to make reference
to the subject matter of the disagreements in connection with its report.

      In  connection  with the  audit of the  Company's  consolidated  financial
statements for the year ended December 31, 2001,  Deloitte & Touche LLP informed
the Company that a material weakness under standards established by the American
Institute of Certified Public Accountants existed in the design and operation of
the Company's  internal  control  related to the processing of claims  payments,
including the  duplication  of drafts issued and the omission of drafts from the
accounting records.  This matter was discussed by Deloitte & Touche LLP with the
Company's Audit Committee.

      Except as noted  above,  during the two most recent  years and through the
subsequent  interim period through September 30, 2002, there have been no events
of the type described in Item 304(a)(1)(iv) of Regulation S-B.

      The audit reports of Deloitte & Touche LLP on the  consolidated  financial
statements of the Company as of and for the fiscal years ended December 31, 2000
and 2001 did not contain any adverse opinion or disclaimer of opinion,  nor were
they  qualified  or  modified  as to  uncertainty,  audit  scope  or  accounting
principles, except that the audit report of Deloitte & Touche LLP for the fiscal
year ended  December  31, 2001  contained  a separate  paragraph  regarding  the
Company's ability to continue as a going concern.  The Company provided Deloitte
& Touche LLP a copy of the  foregoing  disclosures.  Attached as Exhibit 16 is a
copy of a letter from Deloitte & Touche LLP stating whether or not it agrees
with such disclosures.


Exhibit 16     Letter  from  Deloitte  & Touche  LLP to the  Securities  and
               Exchange Commission, dated October 7, 2002.


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

                                    UNIVERSAL INSURANCE HOLDINGS, INC.

Dated:  October 7, 2002             By:  /s/ Bradley I. Meier
                                        Bradley I. Meier
                                        President and Chief Executive Officer