Harleysville Group Inc. (Nasdaq: HGIC) reported yesterday that it has completed the previously announced analysis of its workers compensation reserves. As a result, the company's first quarter earnings will reflect the addition of $20 million pretax to its loss and loss adjustment reserves for workers compensation in the quarter. This sum includes workers compensation reserve adjustments referenced in the company's April 16 announcement. Due to this action, Harleysville Group now expects to report a first quarter diluted net loss of approximately $0.11 per share. Excluding the impact of antici...
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