Old Republic's Profit Nearly Doubles in Q2

Old Republic International Corp. has reported net income of $198 million for the second quarter, a 95% increase from $102 million in the prior-year quarter. But for the first half of the year, net income was down 6%, to $202 million, compared to $215 million in the first half of 2017. In the company’s General Insurance Group, net premiums earned were up 5% in the second quarter, to $808 million. Year-over-year claim ratios in general insurance trended down in the first half of the year. The company said the improved performance was driven by Old Republic's large books of workers&#...