PMA Capital Corp. on Thursday reported net income of $6.8 million in the first quarter of 2008, more than double the $3.3 million in profits earned in the same period last year. "We have made continued progress in profitably growing our insurance business in an increasingly competitive environment, and are excited about the continuing robust growth and improved profitability of our fee-based business," said Vincent T. Donnelly, president/chief executive officer.Significant operating achievements at The PMA Insurance Group included:
For th...
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