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researcher59

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researcher59

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Re: researcher59 post# 100645

Tuesday, 10/04/2022 9:53:27 AM

Tuesday, October 04, 2022 9:53:27 AM

Post# of 113878
UVE +.37 to 9.89, I sold my shares at a loss this morning and am glad to have gotten near $10. My premise for buying was the very quiet start to peak hurricane season, but obviously it did not remain quiet and UVE will be dealing with claims from IAN for a very long time. They have good reinsurance, but nonetheless this is a big hit to earnings and a likely forthcoming sharp rise in reinsurance rates ....
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