Universal CoR rises 3.6 points in Q2, loss ratio jumps seven points amid Florida chaos
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Universal CoR rises 3.6 points in Q2, loss ratio jumps seven points amid Florida chaos

Universal Insurance Fort Lauderdale stock market.jpg

Universal Insurance Holdings' combined ratio climbed 3.6 points on the year to 100.9%, driven by a seven-point increase in its loss ratio.

The company cited the challenging Florida claims environment and inflationary and weather trends as the key reasons for the loss ratio increase.

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