RENO, Nev., May 13 /PRNewswire-FirstCall/ -- Employers Holdings, Inc. ("EHI" or the "Company") today reported results for the first quarter ended March 31, 2008.
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First quarter consolidated net income was $25.5 million or $0.51 per share in 2008 compared to $27.9 million or $0.53 pro forma per share in the first quarter of 2007. Net income includes amortization of the deferred reinsurance gain related to the Loss Portfolio Transfer ("LPT") Agreement. Consolidated net income before the impact of the LPT (the Company's non-GAAP measure described below) was $20.7 million or $0.42 per share in the first ...