Argonaut 3Q Results Released

Argonaut Group, Inc. (Nasdaq:AGII) yesterday announced consolidated net income of $1.3 million ($0.06 per diluted common share) on total revenue of $72.4 million for the third quarter of 2001, compared to a consolidated net loss of $900,000 ($0.04 per diluted common share) on total revenue of $50.5 million for the same quarter last year. For the nine months ended September 30, 2001, the Company recorded consolidated net income of $3.5 million ($0.16 per diluted common share) on total revenue of $173.5 million, compared to a net loss of $44.3 million ($2.00 per diluted common share) on total re...