Thank you for sharing!

Your article was successfully shared with the contacts you provided.

USI Holdings Corp. reported a 62 percent drop in net income for the third quarter, primarily over deductions for discontinued operations related to the sale of seven operations.

Net income fell $3.02 million (7 cents a share), going from $4.9 million (10 cents a share) to $1.89 million (3 cents a share). Income before the deduction for discontinued operations rose 6 percent, from $5.2 million to $5.5 million. Revenues in the period rose $24.3 million, up 24 percent to $127.3 million.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.