A Small-Cap Insurer Offers Big Potential
Investors as a group haven't had many positive things to say about Florida over the past couple of years. The Sunshine State has been home to one of the most devastating real estate declines in over 50 years. Yet tucked away in Fort Lauderdale is Universal Insurance Holdings (UVE), a $150 million property and casualty underwriter that looks appealing from all angles.
Many traders who see only the surface will scoff at Universal. Its principal line of business is homeowners' insurance. And while the company has recently expanded into neighboring states, the vast bulk of its policies and premium revenue is derived from the state of Florida....498 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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