NU Online News Service, Aug. 11, 2003, 12:24 p.m. EDT – Kansas City Life Insurance Company, Kansas City, Mo., says it continues to feel the effects of low interest rates and bond credit problems.
The life insurer is reporting $1.5 million in net income for the second quarter on $107 million in revenue, compared with $9.7 million in net income on $106 million in revenue for the second quarter of 2002.