UniCare Financial Corp. in Irvine reported net...
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UniCare Financial Corp. in Irvine reported net income of $4.85 million last year, a 51.6% increase over the $3.2 million earned in 1986. Total revenue rose 33.6% to $49.85 million last year from $37.3 million in 1986. For the fourth quarter, UniCare posted net income of $1.2 million, a 42.9% increase over $840,000 earned in the final quarter of 1986. Quarterly revenue rose 15.2% to $12.85 million from $11.15 million in the final quarter of 1986. Through its subsidiary, UniCare Insurance Co., the 8-year-old parent firm primarily writes workers compensation insurance in California.
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