An affiliate of a life and health insurance company and an auto warranty specialist are unlikely candidates to top our property-casualty profit leaders, yet each managed to sprint ahead of the pack of more likely p-c contenders because of quirks in their historical results and in our criteria for ranking, both of which allowed the two top-ranked insurers to slip in among the 221 insurance organizations that qualified for our analysis.

Understanding the criteria that put Stonebridge Casualty Insurance Company and Courtesy Insurance Company on our list is essential to interpreting the list and any trends they reveal to our readers.

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