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Fremont General Corp.: The Santa Monica holding...

From Times Staff and Wire Reports

Fremont General Corp.: The Santa Monica holding company engaged through subsidiaries in insurance and financial services said first-quarter net income rose 10% to $6.6 million while revenue was up 53% to $152.3 million from a year ago. The firm said the driving factor in the improved results was an 88% increase in net investment income from the insurance companies’ investment portfolios.

Tables, D8


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