EMC First Quarter Net Is Up 75 Percent
NU Online News Service, May 2, 3:07 p.m. EDT?EMC Insurance Group Inc. said higher premiums and more disciplined underwriting led to a 75 percent rise in first-quarter net income to $6.5 million, or 57 cents per share.
In the corresponding period last year, the insurer posted a net profit of $3.7 million, or 33 cents on a per-share basis.
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