Superior Insurance Group Reports Loss of $39 Million

Superior National Insurance Group Inc., Calabasas, reported a net loss of $39 million for the third quarter ended Sept. 30 compared with a net income of $2.1 million for the same period last year. Net investment income rose to $8.5 million compared with $3.4 million.

The company is the parent of Superior National Insurance Co. and California Compensation Insurance Co., workers’ compensation insurers.