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Insurance company agrees to pay $30M to hurricane fund after filing bogus claims 8 years ago

Summary by Florida Politics
Universal Property & Casualty Insurance Co. reimburses hurricane fund and pays more than $4M in fines for fraudulent storm claims.

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Sun-SentinelSun-Sentinel
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Insurer rebuts new attorney general’s claim he secured $30 million to resolve fraud claim

Universal Property & Casualty Insurance Corp. — the state’s third-largest property insurer by policy count — has agreed to repay more than $30 million following an investigation into allegations it “fraudulently” submitted ineligible claims to the state’s Hurricane Catastrophe Fund, Florida’s attorney general said in a news release. Attorney General James Uthmeier said in the release on Tuesday that the investigation stemmed from allegations in …

·Deerfield Beach, United States
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Florida PoliticsFlorida Politics
Center

Insurance company agrees to pay $30M to hurricane fund after filing bogus claims 8 years ago

Universal Property & Casualty Insurance Co. reimburses hurricane fund and pays more than $4M in fines for fraudulent storm claims.

·Florida, United States
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stocktitan.netstocktitan.net

Universal Insurance Triumphs: Fraud Allegations Dismissed in Major Hurricane Claims Investigation

State review dismisses fraud allegations with no financial impact. Latest resolution brings closure to Hurricane Irma claims investigation. See full implications inside.

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Mid Florida NewspapersMid Florida Newspapers

Universal Insurance Holdings Company Announces Successful Conclusion of Claim Data Review

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Apr 1, 2025-

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myfloridalegal.commyfloridalegal.com

Attorney General James Uthmeier Secures the Return of Millions from Universal Property & Casualty Insurance Company to the Florida Hurricane Catastrophe Fund

View PDF Release Date Apr 1, 2025 Contact Communications Phone (850) 245-0150 TALLAHASSEE, Fla.–Attorney General James Uthmeier secured the return of tens of millions of dollars from Universal Property & Casualty Insurance Company (UPCIC) to the Florida Hurricane Catastrophe Fund (FHCF). The agreement resolves allegations that the company fraudulently submitted numerous ineligible claims for reimbursement in violation of the Florida False Cla…

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myfloridalegal.com broke the news in on Tuesday, April 1, 2025.
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