Meadowbrook Insurance Group reported third-quarter net income dropped 44 percent as a result of hurricane and investment losses.
The Southfield, Mich.-based specialty insurer and service provider reported third-quarter net income dropped $3.4 million to $4.2 million, or 9 cents a share.
Total revenues rose 37 percent, or $33 million, to $120 million in the quarter.
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
Already have an account? Sign In Now
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.
