Hurricane Ian severity lower than first seen in Irma: Universal CEO Donaghy
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Hurricane Ian severity lower than first seen in Irma: Universal CEO Donaghy

Farhin Lilywala
October 28, 2022
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Universal Insurance Fort Lauderdale with Donaghy v2.jpg

Universal CEO Steve Donaghy said that severity of claims related to Hurricane Ian has been less than what the Floridian carrier saw initially during Hurricane Irma.

On a call with analysts, the executive added that while the Florida market has seen benefits from recent legislation, the major issue remaining is one-way attorney fees.

"We

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Farhin Lilywala
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