Universal Insurance operating loss widens to $1.54 per share on charges
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Universal Insurance operating loss widens to $1.54 per share on charges

Eileen AJ Connelly
February 24, 2022
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Universal Insurance Fort Lauderdale 2.jpg

Universal Insurance Holdings reported a wider operating loss for the fourth quarter as adverse reserve development offset rising premium driven by rate increases.

The Florida company exceeded analyst expectations even as its operating loss more than doubled to a loss of $1.54

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Eileen AJ Connelly
Contributing Editor
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