Pennsylvania-based PMA Capital Corp. announced its initial estimates of losses, net of tax benefits related to Hurricane Katrina to be between $325,000 and $1.3 million. PMA Capital Corporation does not expect to report any losses from this event in its Run-Off Operations.
PMA Capital Corp. is an insurance holding company whose operating subsidiaries provide workers’ compensation, integrated disability and other commercial property and casualty lines of insurance, primarily in the eastern part of the United States, underwritten and marketed under the trade name The PMA Insurance Group.
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