"

Estimated reading time: 0 minutes, 23 seconds

Camico Rebounds to Profit in 2010

Tuesday, May 31 2011
News
Written by 

Camico logoInsuror Camico returned to profitability for the year ended December 31 although its underwriting income remained down. However, losses were also down as were expenses and the company posted net income of $945,000, compared to a 2009 loss of $3.5 million.



Camico reported $38.2 million in premiums written in the most recently ended year, down 37 percent from $60.8 million the prior year. Net premiums earned were $23.5 million, 25 percent from $29.3 million a year earlier. The company said policy holder surplus increased to $35 million, up $3 million.

Read 4752 times
Rate this item
(0 votes)
More in this category: « SEC Bars CPAS Who Missed Fraud Paychex Names Sales SVP »
The Progressive Accountant

Latest from The Progressive Accountant

Visit other PMG Sites:
Template Settings
Theme

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Link Color
Text Color

Header

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5

Footer

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5
Layout
Select layout
Menu
Select menu
Typography
Google Font
Body Font-size
Body Font-family
Direction
Reset
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline