Universal Insurance Holdings, Inc. (AMEX:UVE)
CAPS Rating:
A Vertically integrated insurance holding company which, through its various subsidiaries, covers substantially all aspects of insurance underwriting, distribution and claims processing.
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Coastal homeowners insurance specialists with under 200 million capitalization??One cat 3 hurricane and this one gone in a heartbeat.No way it "sits and pays" for five years,or even three.
Ever heard of re-insurance?