Universal is ‘well prepared’ for hurricane season amid Florida turbulence: CEO
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Universal is ‘well prepared’ for hurricane season amid Florida turbulence: CEO

Universal Insurance logo palm trees florida storm.jpg

Universal CEO Steve Donaghy has said that the company is well positioned for hurricane season with a “robust reinsurance program”, while the future of the Florida market remains uncertain.

Speaking on a call with analysts, he continued that the program contains full protection for hurricanes and tropical storms with no gaps in coverage and no co-participation.

The

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