Universal approved to write commercial residential in Florida

Universal Insurance Holdings has been approved to enter the
commercial residential market in Florida, as it looks to diversify
from its significant homeowners' presence in the state.
In a statement, the Fort Lauderdale-based company said it had
been given the green light by the Florida Office of Insurance
Regulation to amend its certificate of authority to add fire,
commercial multi-peril and other liability lines.
The business will be written by its wholly-owned subsidiary,
American Platinum Pr