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By Chad Hemenway, PropertyCasualty360.com |
April 25, 2012
Policyholders and shareholders of Harleysville Mutual Insurance Co. and Harleysville Group Inc. have approved a merger with Nationwide Mutual Insurance Co.
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By Phil Gusman, PropertyCasualty360.com |
June 10, 2011
While one insurance executive says the current market cycle has been “very unique and different” because its bottom coincides with an economic downturn, another executive says the same human factors of “fear and greed” are driving insurers’ behavior.
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By Staff Writer |
August 9, 2010
Losses from a dozen storms classified as catastrophes during the second quarter drove down net income for Harleysville Group Inc. despite an increase in net written premiums.
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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 Staff Writer |
April 16, 2010
Harleysville Group Inc. said it expects recent estimated catastrophe losses to reduce 2010 first quarter operating income by $0.49 per share after taxes and impact the statutory combined ratio by 10 points.
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By Phil Gusman, PropertyCasualty360.com |
February 19, 2010
Harleysville Group Inc. said underwriting discipline helped it post 2009 fourth-quarter net income of $24.2 million, a 426 percent increase over the period in 2008 when the figure was $4.6 million.