Firemen’s Fund Corp. reported second-quarter earnings of...

Firemen’s Fund Corp. reported second-quarter earnings of $51 million, contrasted with a loss of $116 million last year. Revenue totaled $906 million, down 17%. The Novato, Calif., insurance concern said the results reflect steading reserves, a dip in premiums written and a $21-million pretax gain on the sale of its Southern Guaranty Insurance Co. subsidiary.