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Earnings: National Western, IHC, Others

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National Western Life Insurance Company increased domestic universal life sales in the third quarter despite all of the economic turmoil.

Here is a summary of the latest life and health insurance earnings news:

National Western Life Insurance Company, Austin, Texas

3 Q 2008 Results

NET INCOME: $9.8 million loss

NET REALIZED INVESTMENT CHANGE: $14 million loss

REVENUE: $88 million

3 Q 2007 Results

NET INCOME: $16 million

NET REALIZED INVESTMENT CHANGE: $978,000 loss

REVENUE: $112 million

- Domestic universal life sales increased to $2.8 million, from $1.8 million.

Independence Holding Company, Stamford, Conn.

3 Q 2008 Results

NET INCOME: $8.7 million

NET REALIZED INVESTMENT CHANGE: $17 million loss

REVENUE: $82 million

3 Q 2007 Results

NET INCOME: $8.4 million

NET REALIZED INVESTMENT CHANGE: $471,000

REVENUE: $101 million

American Independence Corp., New York

3 Q 2008 Results

NET INCOME: $596,000

NET REALIZED INVESTMENT CHANGE: $270,000 loss

REVENUE: $30 million

3 Q 2007 Results

NET INCOME: $1.5 million loss

NET REALIZED INVESTMENT CHANGE: $90,000 gain

REVENUE: $30 million

Healthaxis Inc., Irving, Texas

3 Q 2008 Results

NET INCOME: $7.7 million loss

GOODWILL IMPAIRMENT: $7.4 million

REVENUE: $3.7 million

3 Q 2007 Results

NET INCOME: $320,000 loss

GOODWILL IMPAIRMENT: NA

REVENUE: $3.9 million

American CareSource Holdings Inc., Dallas

3 Q 2008 Results

NET INCOME: $1 million

REVENUE: $16 million

3 Q 2007 Results

NET INCOME: $188,211

REVENUE: $7.1 million

- American CareSource is an ancillary care network services company.