ICC Posts Another 3Q Loss

ICC Holdings Inc. has reported a net loss of $209,000 for the third quarter, compared to a net loss of $349,000 in the third quarter of 2017. For the nine months that ended Sept. 30, the company reported net earnings of $259,000, compared to $265,000 for the same period last year. ICC Holdings is the parent company of Illinois Casualty Co., a regional, multiline property and casualty insurance company focusing exclusively on the food and beverage industry. The company’s direct premiums written grew by 14.5% in the third quarter, to $16.2 million. The combined ratio was 107.8% for...