Ohio Casualty Posts Narrower Quarterly Profit

NU Online News Service, May 9, 2:38 p.m.EDT?Ohio Casualty said its first-quarter income fell by 26percent to $19.9 million, or 33 cents per share, driven down bycatastrophe losses, poor workers' compensation results and its NewJersey personal auto run-off business.

For the comparable quarter in 2002, the company recorded a netprofit of $26.9 million, or 44 cents per share.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.