General Casualty Lauds First Half
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.
Popular Today
- EU Cyber Agency Warns Websites May Go Dark as PHP Prepares Critical Fix
- Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion
- Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
- Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies