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Insurer’s profit grows

Tuesday, Dec. 16, 2003 | 11:12 a.m.

Employers Insurance Co. of Nevada on Monday reported third-quarter net income of $13.9 million, up from the profit of $7.5 million reported in the same 2002 quarter.

Premiums written in the most-recent quarter reached $90.2 million, up from $54.2 million a year ago.

The company, the leading writer of workers' compensation insurance premiums in Nevada, also reported assets of $1.4 billion and a policyholder surplus of $300 million.

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