20th Century Industries Posts Slight Profit Drop

20th Century Industries, the Woodland Hills-based insurance holding company, saw its earnings slide 1% to $31.5 million in the second quarter that ended June 30.

In the year-earlier period, the company had net income of $31.9 million. For the six months that ended June 30, 20th Century’s profit was up 2% to $58.4 million from $57.5 million in the same period the year before.