NU Online News Service, March 19, 10:46 a.m. EDT

Regional property & casualty insurer ACUITY has reported full-year 2009 net income of nearly $50 million, a 66 percent increase over 2008 net income of $29.4 million.

The Sheboygan, Wis.-based company said it earned $21 million in underwriting profit for the year, and finished 2009 with a combined ratio of 100.8.

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