posted third-quarter earnings that fell short of last year's results but were in line with analysts' expectations.
The insurance company reported operating income of $145.5 million, or 60 cents a share, compared with $168.6 million, or 70 cents a share, last year, excluding charges and a federal income tax refund. A
First Call/Thomson Financial
poll of 12 analysts expected the company to earn 60 cents a share.
Revenue for the third quarter fell slightly to $2.33 billion from $2.36 billion last year, excluding investment gains.