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Protective Life Reports Higher 1st Quarter Net

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NU Online News Service, April 25, 11:38 a.m. – Protective Life Corp., Birmingham, Ala., is reporting $42 million in net income for the first quarter, up from $38 million in net income for the first quarter of 2001.

Information about revenue was not immediately available.

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Sales of life insurance, annuities and stable-value products were strong, Protective Life reports.