Company executives say solid growth at operations held for more than a year helped results at National Investment Managers Inc. during the second quarter.
Here is a summary of the latest life and health insurance industry earnings news:
National Investment Managers Inc., Dublin, Ohio
2 Q 2008 Results
NET INCOME: $339,684
REVENUE: $12 million
2 Q 2007 Results
NET INCOME: $902,737 loss
REVENUE: $10 million
- National Investment, a retirement plan administration and investment management company, says it now administers $11 billion in assets for about 10,500 retirement plans.
Health Benefits Direct Corp., Radnor, Pa.
2 Q 2008 Results
NET INCOME: $1.3 million loss
REVENUE: $6.4 million
2 Q 2007 Results
NET INCOME: $2.7 million loss
REVENUE: $5.1 million
- Health Benefits Direct, a health insurance sales and marketing company, says it started to generate revenue from sales of its Insurint agent health insurance sales tool.
- Telephone sales fell, but the company says it reduced telesales operating by closing a New York sales office and cutting expenses in a Florida sales office.
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