I also agree that branching out to other states will help when another big hurricane hits Florida, but those prospects are in their infancy in my opinion, and it will take a while to get those policies to be even a small part of profits.

However, IR not answering simple questions about how they invest their money, how they decide which companies to buy, who makes the decisions, or even something basic like are they a value oriented operation, really bothered me.

Combining the above with my reasoning that I want to free up cash so that I will not miss out on another Dole like opportunity that I find, led me to my sell decision.

I do think that now might be a good time to buy because UVE is selling at a much lower price than I originally bought at. I will be waiting to see if there is some kind of catalyst and I might jump back in if Universal is still selling at a good margin of safety to either cash or intrinsic value.

What are your thoughts on UVE’s current prospects and management, other than what you stated in your comment?

Thank you for your comments, I really appreciate your input, and I wish you the best of luck if you currently hold UVE.

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