Universal Insurance Q2 2026: revenue +6.7% YoY, refinances debt to 2031, buybacks accelerate

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 30, 2025 · ~2 min read

Key Changes

• high

  Refinanced $100M 5.625% notes due 2026 with $100M 7.75% notes due 2031, extending maturity five years but raising annual interest expense by ~$2.1M; wrote off $295k unamortized costs.

  Notes: Debt refinancing verify on EDGAR →
• high

  Florida direct premiums written fell to 72.9% of total (from 74.6%), while Florida represents only 47.1% of total insured value—new metric highlights geographic diversification of catastrophe exposure.

  MD&A: Florida market share verify on EDGAR →
• high

  Implemented second Florida rate decrease of 5.1% in October 2025 (following 1.5% cut in 2024), while out-of-state rates rose sharply: Wisconsin +39.9%, New Jersey +18.9%, Illinois +17.8%.

  MD&A: Rate changes verify on EDGAR →