Farmers Group reported a 9% increase in...
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Farmers Group reported a 9% increase in second-quarter earnings over the like 1984 period. The Los Angeles-based company said that property and casualty results reflected positive revenue growth, generated primarily from higher average premium levels, offset in part by higher operating costs. Growth in net income of the life insurance subsidiaries resulted primarily from higher investment income and improved underwriting results on group business.
For detailed data and results of other companies, please see accompanying tables.
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