Tuesday, May 05, 2009
Kansas City Life Insurance posts first-quarter loss
A recession-induced drop in investment revenue and higher policyholder benefits caused Kansas City Life Insurance Co.’s first-quarter loss.
In a late Friday release, the Kansas City-based company (Nasdaq: KCLI) reported a loss of $4.5 million, or 40 cents a share, for the quarter that ended March 31. This compares with earnings of $3.6 million, or 31 cents a share, last year...
BizJournals: Kansas City Life Insurance posts first-quarter loss
In a late Friday release, the Kansas City-based company (Nasdaq: KCLI) reported a loss of $4.5 million, or 40 cents a share, for the quarter that ended March 31. This compares with earnings of $3.6 million, or 31 cents a share, last year...
BizJournals: Kansas City Life Insurance posts first-quarter loss