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Harleysville Net up 33% Despite WC Market

Monday, April 29, 2002 | 0

Harleysville Group Inc. (Nasdaq: HGIC), a holding company that includes nine regional property and casualty insurance companies, today reported its results for the first quarter of 2002. First quarter diluted operating earnings per share increased 13 percent to $0.43 in 2002 -- a new first quarter record -- compared with $0.38 in 2001. Operating earnings exclude after-tax diluted realized investment gains of $0.01 per share in the first quarter of 2002, versus realized losses of $0.05 per share in 2001. First quarter diluted net income rose 33 percent to $0.44 per share in 2002, c...

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