Business
Business: Insurance Symbol: UNAM Shares Outstanding: 5.8 million Market: NASDAQ Closing Price on 3/29/93: $4.88 Qtrly Profit (loss) for Dec. 1992: $733,000 Qtrly Revenue for Dec. 1992: $6.65 million * Unico American Corp., based in Woodland Hills, is an insurance holding company that provides property, casualty, health and life insurance through several subsidiaries.
March 30, 1993
A few years ago, Unico American Corp., a Woodland Hills insurance holding company, was embroiled in a family battle that was also a corporate power struggle.
June 18, 1991
Unico American Corp., a Woodland Hills-based insurance company, said its fiscal third-quarter profit fell 33% from a year earlier on a 9% drop in revenue.
Feb. 16, 1993
Unico Says Riot Claims Won’t Affect Solvency: Unico American Corp. of Woodland Hills said riot-related claims against its Crusader Insurance Co. subsidiary will total about $20 million, which will reduce Unico’s first-quarter net income by about $10 million but not affect its solvency.
May 12, 1992
Unico American Corp., an insurance-holding company in Woodland Hills, reported a 63% drop in profit for its fiscal fourth quarter ended March 31, largely because of increased costs and expenses.
June 29, 1993
National Reinsurance Corp. of Stamford, Conn., this month boosted to 7.3% its stake in Unico American Corp., a Woodland Hills-based insurance holding company whose Crusader Insurance Co. subsidiary was hurt by $21 million in claims from the Los Angeles riots.
Jan. 26, 1993
Unico American Corp., a Woodland Hills-based insurer, said its fiscal second-quarter profit tumbled 61% from a year earlier on a 5% decline in revenue.
Nov. 17, 1992
California
A private, nonprofit arts school for mentally handicapped adults has acquired a south Anaheim church for its permanent home, school officials announced Thursday.
Aug. 28, 1987
A Pacific Palisades couple cut their stake in Unico American Corp. to 3.3% of the insurance company’s stock.
Nov. 5, 1991
Unico American Corp., a Woodland Hills insurance holding company, reported a 24% increase in its fiscal second quarter earnings.
Nov. 19, 1996