Asked by an analyst on the company’s earnings call Wednesday whether management plans to seek rate increases this year, Universal chairman and CEO Sean P. Downes said the company was almost done calculating what to submit to state regulators: “Things could change here in a week or two but I believe we’ll be filing for some mid-range single-digit increase sometime next month.”
Asked by an analyst on the company’s earnings call Wednesday whether management plans to seek rate increases this year, Universal chairman and CEO Sean P. Downes said the company was almost done calculating what to submit to state regulators: “Things could change here in a week or two but I believe we’ll be filing for some mid-range single-digit increase sometime next month.” Richard Sheinwald Bloomberg News
Asked by an analyst on the company’s earnings call Wednesday whether management plans to seek rate increases this year, Universal chairman and CEO Sean P. Downes said the company was almost done calculating what to submit to state regulators: “Things could change here in a week or two but I believe we’ll be filing for some mid-range single-digit increase sometime next month.” Richard Sheinwald Bloomberg News

Universal Insurance profit rises 24%; company still to seek rate hike

April 25, 2017 10:02 PM