BRIEF: State fines Florida’s biggest private insurer $1.26 million [The Palm Beach Post, Fla.]

May 30--Florida regulators hit the state's largest private insurer, Universal Property & Casualty Insurance Co., with a $1.26 million fine Thursdayfor practices including claims denials spotlighted by The Palm Beach Post.

Some state officials called it a win for consumers, though homeowner Bill Lutz of Hobe Sound said a lot of people suffered before authorities took action.

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