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NU Online News Service, Sept. 16, 3:31 p.m. EDT

Net income for private property & casualty insurance companies in the United States increased more than $10 billion in the first half of 2010 compared to the same time period in 2009.

Results were driven by a $13.3 billion increase in investment income in the first six months to $25.8 billion. This also allowed insurers to increase policyholder surplus to 3.7 percent to $530.5 billion, compared with last year during the same period.



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