Who is the CEO of Universal Property and Casualty Insurance Company?

Who is the CEO of Universal Property and Casualty Insurance Company?

Stephen J. DonaghyBoard of Directors Sean P. Downes Executive Chairman Universal Insurance Holdings, Inc., Universal Property & Casualty Insurance Co. (Invt Port) Stephen J. Donaghy Chief Executive Officer & Director Universal Insurance Holdings, Inc. 7 more rows

Is Universal Property and Casualty pulling out of Florida?

In its filing to the Florida Office of Insurance Regulation dated May 6, Universal states it is canceling 13,294 policies out of its total 57,000 Florida policies due to yearly losses of $4.1 million in 2019 and $22.5 million in 2020. The company also insures homes in 12 other states. May 25, 2021

Is Florida a no-fault state?

That $10,000 minimum hasn’t changed since Florida became a “no-fault” state in the 1970s, however. And while many states are also considered “no-fault,” those states have also required motorists to carry bodily injury coverage. Florida is one of just two states that doesn’t require bodily injury coverage. Jun 24, 2021