UNITED INS HLDGS CORP

Ticker: ACIC CUSIP: 910710102 Class: Common Stock

Penn Capital Management Company, LLC's Holding History (CIK: 0001158202)

Note: Option positions (PUT/CALL) are excluded.

Q1 2014

Shares 117,485 Value ($000) $1,716 Avg Close $10.44 Range $9.08 - $12.33

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	117,485	$1,716	$10.44	$9.08 - $12.33