Universal Insurance Holdings Inc. announced that one of its largest subsidiaries wrote its first homeowner's policy in New Hampshire as the company continues to expand outside of Florida.
The Fort Lauderdale-based company (NYSE: UVE) is South Florida's largest property insurer by direct premiums. Its expansion into New Hampshire is part of its broader strategy to diversify its revenue and risk away from hurricane-prone Florida. Its property insurance subsidiary, Universal Property & Casualty Insurance…
