Employers CoR narrows by 6.4 points to 92.4%, driven by favorable development
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Employers CoR narrows by 6.4 points to 92.4%, driven by favorable development

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Workers' compensation specialist Employers Holdings’ second-quarter operating profit nearly doubled as the company wrote more new business in both its traditional and digital segments and recorded significant favorable loss reserve development.

The company posted adjusted net income of $21.9mn, or $0.79 per share, versus $11.8mn, or $0.41 per share, last year.

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