Florida-exposed insurers soar as Matthew's bite less than feared

  • Alongside a 10.6% advance for Heritage Insurance - which now sees losses as being far below the $500M expected just a few hours ago - Universal Insurance (NYSEMKT:UVE) is up 12.5%, United Insurance Holdings (NASDAQ:UIHC) is up 4.8%, Federated National Holding (NASDAQ:FNHC) is up 5.7%, and HCI Group (NYSE:HCI) is up 6.6%.

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Universal Insurance Holdings, Inc.