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UNITED INSURANCE COMPANIES, INC. ANNOUNCES FIRST QUARTER RESULTS

 DALLAS, April 26 /PRNewswire/ -- United Insurance Companies, Inc. (NASDAQ: UICI) reported net income for the first quarter of 1993 of $6,659,000 or $0.71 per share as compared to $5,891,000 or $0.69 per share for the same period in 1992. Net income per share for 1993 did not include any gains or losses on sales of investments as compared to gains of $0.18 per share for 1992.
 A comparison of first quarter operating results for 1993 and 1992 follows:
 UNITED INSURANCE COMPANIES, INC.
 Three months ended March 31 1993 1992
 Revenues $98,183,000 $91,540,000
 Net income 6,659,000 5,891,000
 Fully diluted net income per share $0.71 $0.69
 -0- 4/26/93
 /CONTACT: Vernon R. Woelke, treasurer of United Insurance Companies, Inc., 214-960-8497/
 (UICI)


CO: United Insurance Companies, Inc. ST: Texas IN: INS SU: ERN

TS -- NY042 -- 0578 04/26/93 10:42 EDT
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Publication:PR Newswire
Date:Apr 26, 1993
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