Employers Insurance Reports 2Q Net of $24.8M

Employers Insurance Company of Nevada, A Mutual Company ("EICN") and its wholly owned subsidiary Fremont Employers Insurance Company ("FEIC") (collectively "the Company"), providers of workers' compensation products and services in the Western United States, yesterday reported statutory financial results for the second quarter of 2003. For the three months ended June 30, 2003, the Company reported consolidated net income of $24.8 million on consolidated net premiums earned of $45.5 million. These results compare to a net loss of $4.9 million on net premiums earned of $32.4 million...