By John P. Kamin, ReporterShares of Tower Group International Ltd. improved by more than 5% on Monday after the company issued a delayed second-quarter report that confirmed the company took a $365 million hit on its bottom line to boost its loss reserves. The report by the Bermuda-based insurance and reinsurance holding company, filed three months late, confirmed the company's Oct. 7 announcement that it would add $327 million to its loss reserves, due to an unexpected rise in claims costs from the accident years of 2008 through 2011 in the company's workers' compensation, commerc...
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