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By Chad Hemenway, PropertyCasualty360.com |
November 9, 2011
EMC Insurance Group Inc. says a record $26.4 million in third-quarter catastrophe losses, combined with a drop in investment income, caused the insurer to report a net loss of $4.1 million for the quarter.
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By Chad Hemenway, PropertyCasualty360.com |
October 21, 2011
EMC Insurance Group Inc. says a record amount of catastrophe losses will negatively impact operating results for the third quarter.
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By Mark E. Ruquet, PropertyCasualty360.com |
February 25, 2011
Des Moines, Iowa-based insurer EMC Insurance Group Inc. reported fourth-quarter net income dropped 61 percent from the prior year, but excluding the investment gain from the sale of stock investment in 2009 kept earnings virtually flat, the company said.
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By Staff Writer |
July 30, 2010
Harleysville Group Inc. said it expects second-quarter catastrophe losses will increase its combined ratio by 3.8 points and reduce operating income.
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By Chad Hemenway, PropertyCasualty360.com |
July 29, 2010
High U.S. storm losses affected a number of earnings announcements late this week, eclipsing normal weather-related losses for this time of year and impacting profitability.
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By Chad Hemenway, PropertyCasualty360.com |
July 29, 2010
High U.S. storm losses affected a number of earnings announcements late this week, eclipsing normal weather-related losses for this time of year and impacting profitability.