Information from the Office of Insurance Regulation re Upcoming Rate Hearings for Gulfstream Property and Casualty and Universal Insurance Company of North America 5/18/06

Jan 11, 2007

Please see the press release below regarding upcoming rate hearings for Gulfstream Property and Casualty and Universal Insurance Company of North America. Attached you will find the notices issued by the Office of Insurance Regulation for these rate hearings. Please feel free to contact this office with any questions or concerns.

Regards,

Fred E. Karlinsky

GULFSTREAM AND UNIVERSAL RATE HEARINGS SET

Tallahassee – The Florida Office of Insurance Regulation has scheduled rate hearings May 30 in West Miami for input from the public concerning rate filings by Gulfstream Property and Casualty and Universal Insurance Company of North America, which are requesting statewide average increases of about 55 percent and 40 percent respectively. The requested rates are not uniform and some areas are subject to higher or lower rate changes.

The hearings for both companies will be at the Renaissance Ball Rooms, 5910 SW 8th Street, at noon.Interested parties may speak at the hearings or may forward comments to Kristopher Duer at kristopher.duer@fldfs.com.

Call the Florida Department of Financial Services Consumer Helpline at 1-800-342-2762 for more information.

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations should contact Sam Coskey at (850) 413-2616 or email sam.coskey@fldfs.com at least 48 hours before the hearing.