American Financial Net Income Dips in 3rd Quarter

American Financial Group reported net income of $63 million during the quarter that ended Sept. 30, down 46% from $116 million during the third quarter of 2014. For the first nine months of 2015, however, American Financial reported net income of $350 million, a 10% gain from the first nine months of last year. American Financial's Specialty Casualty Group, which includes the workers' compensation line, reported a third-quarter underwriting profit of $31 million, compared to $32 million during the same period last year. "Higher profitability in our workers' compensation bus...