Atlantic Mutual Companies (Atlantic)
today reported that statutory operating results, before realized gains on
investments, interest expense on the surplus note and federal income taxes,
were $7.2 million for the first quarter of 2002, an improvement of
$8.5 million over the same period in 2001. "Our first quarter results have
benefited from the significant price increases achieved in commercial lines
and marine, effective partnerships with key independent agents, as well as new
business development initiatives in surety, and select commercial and marine
segments. Renewal premium rate...
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