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Almost two weeks ago, investors were afraid by the financial consequences of Hurricane Dorian on Florida-exposed insurers like Universal Holding ( UVE ). Some investors ran away from these stocks, and their stock prices dropped accordingly. As the potential damages caused by Dorian were lower ...
On its current path, Hurricane Dorian is a $40B-$50B storm, according to Chuck Watson, a disaster modeler with Enki Research, and if Dorian hits Fort Lauderdale and meanders up through Orlando, then it becomes " realistically a $200B event ." More news on: NextEra Energy, Inc., Duke Energy...
Generac (NYSE: GNRC ) jumped +2.2% as Tropical Storm Dorian strengthened to a hurricane and is projected to become a Category 3 hurricane before likely making landfall on Florida's east coast. More news on: Generac Holdings Inc., The Home Depot, Inc., Lowe's Companies, Inc., Stock...
Universal Insurance Holdings, Inc. (UVE) Q2 2019 Earnings Conference Call August 1, 2019 08:30 ET Company Participants Rob Luther - VP, IR & Corporate Strategy Steve Donaghy - CEO Frank Wilcox - CFO Jon Springer - President & Chief Risk Officer Conference Call Partic...
Universal Insurance (NYSE: UVE ): Q2 Non-GAAP EPS of $1.05 beats by $0.05 ; GAAP EPS of $1.08 beats by $0.08 . Revenue of $233.7M (+11.4% Y/Y) misses by $4.22M . Press Release More news on: Universal Insurance Holdings, Inc., Earnings news and commentary, Financial stocks news,
FORT LAUDERDALE, Fla. , July 31, 2019 /PRNewswire/ -- 2Q19 total revenue up 11.4% to $233.7 million ; 1H19 up 17.2% to $470.3 million 2Q19 direct premiums written ("DPW") up 4.4% to $358.0 million ; 1H19 up 5.6% to $647.2 million 2Q19 other states (non- Florida ) DPW up 2...
FORT LAUDERDALE, Fla. , July 16, 2019 /PRNewswire/ -- Universal Insurance Holdings, Inc. (NYSE: UVE) will issue a press release reporting its second quarter results after the close of trading on the NYSE on Wednesday, July 31, 2019 . The company will host a conference call on Th...
Universal Insurance (NYSE: UVE ) appoints COO Stephen Donaghy as its new CEO , as current CEO Sean Downes will become Executive Chairman, effective July 15. More news on: Universal Insurance Holdings, Inc., Financial stocks news, Read more ...
FORT LAUDERDALE, Fla. , July 11, 2019 /PRNewswire/ -- Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that Sean P. Downes will take on a new role as Executive Chairman, commencing July 15, 2019 . This move fits with Mr. Downes's family and personal goals after 20 years a...
FORT LAUDERDALE, Fla. , June 21, 2019 /PRNewswire/ -- Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that its wholly-owned subsidiary, Universal Property & Casualty Insurance Company (Universal Property), has received a Certificate of Authority in Wisconsin , approvin...
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2024-07-15 05:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-15 09:54:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Successfully secured a combined UPCIC and APPCIC catastrophe reinsurance program with no material changes to historical reinsurance partners or terms and conditions. Replaced $217M of cost-free Reinsurance to Assist Policyholders (RAP) coverage and $150M of expiring catastrophe bond coverage ...