Allmerica Posts Narrower Profit

NU Online News Service, April 29, 3:29 p.m.EDT?Allmerica Financial reported that its first-quarterprofit shrank by 22 percent to $37.1 million, or 70 cents pershare, driven down by a smaller investment income and a decreasedprofit from its financial services unit.

In the corresponding period last year, the insurer posted $47.9million, or 90 cents on a per-share basis.

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