Universal 'not overly optimistic' about Florida reinsurance reform
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Universal 'not overly optimistic' about Florida reinsurance reform

Universal Insurance Holdings logo Fort Lauderdale FL.jpg

Universal said that suggested reforms to the Florida reinsurance sector being put to state legislators are “not comprehensive solutions that address the root cause of deterioration in our market”.

Stephen J Donaghy, CEO and director, said that unbalanced incentives have led to a rapid increase in the number of claims.

To

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