Insurance

Universal Insurance CEO says new Florida insurers face steep learning curve

Universal, Florida’s largest private homeowners insurance company, reported third-quarter available net income of $39.8 million, reversing a net loss of $16.2 million a year earlier. According to BestWire’s report, net premium income increased by 4% to $359.7 million, and the combined ratio increased by 20.5 percentage points to 96.4.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button