Vesta Reports Profitable Third Quarter
NU Online News Service, Nov. 14, 12 :01 p.m. EST?Vesta Insurance Group Inc., a Birmingham, Ala.-based personal-lines insurer, posted $4.3 million in net income for its third quarter, improving from a net loss of $11.6 million reported one year ago.
"We are pleased with our third-quarter results as all three business segments produced profits," said Norman Gayle, chief executive officer for Vesta. "Our quarterly results demonstrate the earnings power and strength of our underlying operations," he said.
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