profits News

Employers Profit Increases 44%

Employers Holdings Inc., a workers’ compensation insurance provider in West Coast states, rose the most since 2009 after first-quarter net income climbed 44 percent. Employers jumped 11 percent to close at $22.54 in New York. That narrowed the decline for …

Nationwide Profit Down Due to $1.5 Billion Disaster Losses

Insurance company Nationwide Mutual said profits in the first half of the year fell by more than half after paying claims, like the rest of the industry, for some of the worst tornadoes in U.S. history. Privately held Nationwide, one …