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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
October 25, 2001 at 08:00 PM
NU Online News Service, Oct. 25, 11:48 a.m. – StanCorp Financial Group Inc., Portland, Ore., is reporting $26 million in net income for the third quarter on $399 million in revenue, up from $24 million in net income on $367 million in revenue for the third quarter of 2000.
Revenue from individual insurance products fell 10%, to $20 million, but revenue from employee benefits increased 15%, to $287 million.
Third-quarter results include $5 million in charges related to the Sept. 11 attacks, StanCorp says.
StanCorp is the parent company of Standard Insurance Company, a company that sells employee benefits, individual disability insurance and retirement products, and group life and dental insurance.
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