UniCare Financial Corp. in Irvine posted net...
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UniCare Financial Corp. in Irvine posted net income of $1.9 million for the second quarter, a 25% increase from the $1.5 million reported for the like period last year. Revenue rose 34%, to $17.8 million from $13.3 million. For the first half of the year, net income increased 25%, to $3.6 million from $2.9 million for the first half of last year. Revenue was 26% higher, rising to $33.5 million from $26.7 million. UniCare is the holding company for UniCare Insurance Co., an underwriter of workers’ compensation insurance.
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