Farmers Group’s income rose 25.7% to $268.3...
- Share via
Farmers Group’s income rose 25.7% to $268.3 million in 1987. The Los Angeles company said the income figure includes a fresh-start tax adjustment of $21.6 million. The company said the improved results reflect continued revenue growth generated principally from higher average premium levels. It noted that the increase in revenue was partly offset by growth in operating expenses due to higher salaries and employee benefits.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
