Universal fights back against short seller claims

Universal Insurance Holdings has fought back strongly against
claims made in a short seller presentation that caused its share
price to plummet last week.
The Florida homeowners' insurer was identified as a short
candidate by hedge fund Lakewood Capital Management at the annual
Robin Hood Investors Conference early last week.
In a presentation, Lakewood co-founder Anthony Bozza attacked a
number of aspects of the carrier's business.
Universal shares fell 31 percent on Tuesday (17
November) befor