• Darp
    $UVE Can anyone explain why the Market Cap is about $200 million less than cash?
    2/4/13
    Reply (4)
    • workhorse@bps: Yeah i dont get it either, nice yield too. And they are growing moving into new states.
      2/4/13
    • sethmcs: Cash is restricted reserves to cover risks. Nature of business get cash first pay claims later.
      2/4/13
    • Darp: Thanks guys. Seth that cash blance have skyrocketed and they do have reinsurance as other insurance companies do. Competitors lack same $s
      2/8/13
    • Darp: So I can not explain UVE.
      2/8/13