Sun Prairie, Wis.-based General Casualty Insurance Cos. lauded its first-half results in a statement released to the news media.
The company reported a first-half profit of $28.6 million and upped its policyholder surplus by $21.5 million. The company’s statutory combined ratio, meanwhile, was 100.2, compared to 101.3 for the full-year 2003. Net written premium was $510.3 million for the first half.
General Casualty CEO Pete McPartland forecast an “even better second half” in store.
Like this article?
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
