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Life Health > Life Insurance

Independence Reports Higher 4th Quarter Net Income

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NU Online News Service, March 5, 2003, 11:02 a.m. EDT – Independence Holding Company, Stamford, Conn., is reporting $3.5 million in net income for the fourth quarter of 2002 on $42 million in revenue, up from $3.4 million in net income on $39 million in revenue for the fourth quarter of 2001.

Independence sells life insurance, health insurance, employer medical stop-loss coverage and other products through subsidiaries such as Standard Security Life Insurance Company of New York and Madison National Life Insurance Company Inc.


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