SAN FRANCISCO -- Aggregate statewide earned premiums in 1997 hit $6.2 billion up from $5.8 billion according to the Workers' Compensation Insurance Rating Bureau.However, incurred losses, expenses and dividends in 1997 were $7.5 billion, resulting in an underwriting loss of $1.3 billion for the industry as a whole. That loss is 21 percent of premium compared to the 1996 underwriting loss of 22.5 percent of premium.What the rating bureau's annual cost summary report doesn't include is investment inc
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