SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549

                                  SCHEDULE 13D
                               (Amendment No. 3)

                   UNDER THE SECURITIES EXCHANGE ACT OF 1934


                       UNIVERSAL INSURANCE HOLDINGS, INC.
                       ----------------------------------
                                (Name of Issuer)


                         Common Stock, par value $0.01
                         -----------------------------
                         (Title of Class of Securities)

                                   91359V107
                                   ---------
                                 (CUSIP Number)

                                Bradley I. Meier
                       Universal Insurance Holdings, Inc.
                      1110 W. Commercial Blvd., Suite 100
                         Fort Lauderdale, Florida 33309
                              Tel: (954) 958-1200
                              Fax: (954) 958-1202
                              -------------------
                  (Name, Address and Telephone Number of Person
               Authorized to Receive Notices and Communications)


                                November 30, 2007
                                -----------------
                      (Date of Event which Requires Filing
                               of this Statement)

If  the filing person has previously filed a statement on Schedule 13G to report
the acquisition  which  is  the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e),  Rule  13d-1(f)  or  Rule 13d-1(g), check the
following box / /.

                         (Continued on following pages)



1       NAME OF REPORTING PERSONS
        S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

        Bradley I. Meier

2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP  (a) / /    (b) / /
                                                          ------------------

        Inapplicable

3       SEC USE ONLY
        ------------

4       SOURCE OF FUNDS

5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
        TO ITEMS 2(d) OR 2(e): / /
           -----------------------

6       CITIZENSHIP OR PLACE OF ORGANIZATION

        United States

NUMBER OF SHARES BENEFICIALLY OWNED BY REPORTING PERSON WITH

7     SOLE VOTING POWER

      18,432,358

8     SHARED VOTING POWER

      1,395,938

9     SOLE DISPOSITIVE POWER

      18,432,358

10    SHARED DISPOSITIVE POWER

      1,395,938

11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      19,828,296

12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
      SHARES /  /

13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

      51.29%

14    TYPE OF REPORTING PERSON
      IN



                                  SCHEDULE 13D
                        RELATING TO THE COMMON STOCK OF
                       UNIVERSAL INSURANCE HOLDINGS, INC.

                                  INTRODUCTION

      This Amendment No. 3 to Schedule 13D is being filed  by  Bradley I. Meier.
Mr.  Meier  filed  an  original  Schedule  13D with the Securities and  Exchange
Commission (the "Commission") dated February 10, 2005 (the "Original 13D").  The
Original 13D was amended by Amendment No. 1  to Schedule 13D ("Amendment No. 1")
filed with the Commission dated May 5, 2005, and Amendment No. 2 to Schedule 13D
("Amendment  No.  2")  filed  with  the  Commission   dated   August  24,  2007.
Capitalized  terms  used  herein  but  not  defined  herein  have the respective
meanings  ascribed  to such terms in the Original Schedule 13D,  as  amended  by
Amendment No. 1 and Amendment No. 2.

ITEM 1.  SECURITY AND ISSUER.

ITEM 2.  IDENTITY AND BACKGROUND.

      (a) Name: Bradley I. Meier

      (b) Business Address: c/o Universal Insurance Holdings, Inc., 1110 W.
          Commercial Blvd., Suite 100, Fort Lauderdale, Florida 33309

      (c) Principal Occupation: President and CEO of Universal Insurance
          Holdings, Inc.

      (d) During the last five years, Mr. Meier has not been convicted in a
          criminal proceeding.

      (e) During the last five years, Mr. Meier has not been a party to a civil
          proceeding of a judicial or administrative body of competent
          jurisdiction and as a result of such proceeding been subject to a
          judgment, decree or final order enjoining future violations of, or
          prohibiting or mandating activities subject to, federal or state
          securities law or finding any violation with respect to such law.

      (f) Citizenship: United States

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

      ITEM 3 OF THE SCHEDULE 13D IS HEREBY AMENDED TO PROVIDE THE FOLLOWING
      INFORMATION:

      This Amendment No. 3 relates to Mr. Meier's disposition of 880,000  shares
      of  Common  Stock  ("Shares") in a sale of securities pursuant to Rule 144
      under the Securities  Act  of  1933, as amended, on November 30, 2007 (the
      "Transaction Date").  The Shares  consisted  of  shares  of Company Common
      Stock that Mr. Meier received as compensation from the Company  in lieu of
      salary.

      Immediately  prior  to the Transaction Date, Mr. Meier beneficially  owned
      20,708,296  shares  of   Company   Common  Stock.   Currently,  Mr.  Meier
      beneficially owns 19,828,296 shares of Company Common Stock.

                                       -3-



ITEM 4.  PURPOSE OF THE TRANSACTION.

      ITEM 4 OF THE SCHEDULE 13D IS HEREBY AMENDED TO PROVIDE THE FOLLOWING
      INFORMATION:

      Mr.  Meier  disposed  of  the  Shares  as  part  of his personal long-term
      investment strategy for asset diversification and liquidity.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER.

      ITEM 5 OF THE SCHEDULE 13D IS HEREBY AMENDED IN ITS ENTIRETY AS FOLLOWS:

      Mr. Meier beneficially owns an aggregate of 19,828,296  shares  of Company
      Common  Stock  (which  includes  options  to purchase 3,645,000 shares  of
      Company Common Stock exercisable within 60  days hereof), which represents
      51.29% of the outstanding shares of Company Common  Stock.  The percentage
      is  based  on  38,662,729  shares of Company Common Stock  outstanding  on
      November 14, 2007.

      Of the 19,828,296 shares of Common Stock, Mr. Meier (i) has the sole power
      to vote and the sole power to dispose of 18,432,358 shares of Common Stock
      and (ii) shares voting and dispositive power, with respect to an aggregate
      of 1,395,938 shares of Common Stock, which are subject to proxies granting
      voting power to Mr. Meier as  follows: (A) 333,792 shares owned by Phyllis
      Meier, Mr. Meier's mother, (B)  394,246  shares owned by Norman Meier, Mr.
      Meier's father, and (C) an additional 17,900  shares  over which Mr. Meier
      has  voting  power;  and (D) options to purchase an aggregate  of  650,000
      shares of Common Stock owned by Norman Meier, Mr. Meier's father.

      Information regarding Phyllis Meier and Norman Meier is set forth below:

      Name:  Phyllis Meier and Norman Meier

      Business  Address:   c/o  Universal  Insurance  Holdings,  Inc.,  1110  W.
      Commercial Blvd., Suite 100, Fort Lauderdale, Florida 33309

      Principal Occupation:   Norman  Meier  -  Executive  Chairman of DermWorx,
      Inc.; Phyllis Meier - Investor

      During  the last five years, neither Phyllis Meier nor  Norman  Meier  has
      been convicted in a criminal proceeding.

      During the  last  five  years,  neither Phyllis Meier nor Norman Meier has
      been a party to a civil proceeding of a judicial or administrative body of
      competent jurisdiction and as a result  of such proceeding been subject to
      a  judgment,  decree or final order enjoining  future  violations  of,  or
      prohibiting  or   mandating   activities  subject  to,  federal  or  state
      securities law or finding any violation with respect to such law.

      Citizenship:  United States

                                       -4-



ITEM 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS  OR  RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.

      None.

ITEM 7.  MATERIAL TO BE FILED AS EXHIBITS.

      None.



                                   SIGNATURE

      After  reasonable inquiry and to the best of my knowledge  and  belief,  I
certify that the  information  set forth in this statement is true, complete and
correct.

DATED:  December 19, 2007



                             By:   /s/ Bradley I. Meier
                                  ---------------------
                             Name: Bradley I. Meier



                                       -5-