The efforts undertaken by Meadowbrook Insurance Group in the past couple of years to improve its underwriting performance and profitability appear to be working. In a conference call to discuss results for the first quarter of 2014, Robert S. Cubbin, …
Donegal Group Inc., based in Marietta, Penn., today posted $9.56 million in net income for its 2013 fourth quarter, up 54 percent from $6.22 million net income posted during the 2012 fourth quarter. For the full year 2013, the net …
Liberty Mutual Holding Co. Inc. today reported net income of $481 million for its 2013 third quarter, a 3.4 percent jump from $465 million profit reported one year ago, reflecting improved core underwriting results. “The third quarter reflected a continuation …
Lake Mary, Fla.-based AssuredPartners Inc. posted a revenue increase of 36.7 percent in 2012, compared to 2011 revenue. AssuredPartners, founded in March 2011, grew revenue from $172,316,140 in 2011 to $235,604,040 in 2012. The organization acquired 27 independent insurance agencies …
Marsh & McLennan Companies Inc. reported Thursday $413 million net income attributable to the company for its 2013 first quarter, up 19 percent from $347 million in the prior year period. The consolidated revenue in the first quarter was $3.1 …
Boston-based Liberty Mutual reported Thursday its net income fell 30.7 percent to $318 million for its 2013 first quarter, compared to $459 million income reported during the prior year first quarter. The company’s quarterly underwriting and operating results both improved …
The Hanover Insurance Group Inc. reported net income of $66.2 million for its 2013 first quarter, up 33.2 percent compared to $49.7 million income reported during the first quarter of 2012. Operating income for the first quarter was $59.9 million, …
Hartford Financial Services Group Inc. posted a net loss of $241 million for its 2013 first quarter, compared to net profit of $96 million reported during the first quarter of 2012. The latest quarterly net loss was mainly due to …
Branchville, N.J.-based Selective Insurance Group said its 2013 first quarter net income came in at $21.3 million, a 17.7 percent increase from $18.1 million reported during the first quarter of 2012. Total net premiums written for the first quarter were …
Chubb Corp. reported on Thursday $656 million net income for its 2013 first quarter, an increase of 29.6 percent compared to $506 million income reported during the first quarter of 2012. The insurer of businesses and high-end homes said its …
