wsj_0907.xml
WSJ891026-0152
WSJ891026-0152
=
891026
=
891026
891026-0152
.
891026-0152
.
Chandler
Insurance
Earnings
Chandler
Insurance
Earnings
10/26/89
10/26/89
10/26/89
WALL
STREET
JOURNAL
(
J
)
WALL
STREET
JOURNAL
(
J
)
CHANF
CHANF
GRAND
CAYMAN
,
Cayman
Islands
GRAND
CAYMAN
,
Cayman
Islands
Chandler
Insurance
Co.
said
it
expects
to
report
third-quarter
net
income
jumped
97
%
to
$
2.8
million
,
or
51
cents
a
share
.
In
the
year-earlier
quarter
,
the
automobile
and
trucking
insurer
had
earnings
of
$
1.4
million
,
or
48
cents
a
share
on
a
restated
basis
,
on
revenue
of
$
16.5
million
.
In
an
interview
,
W.
Brent
LeGere
,
chairman
and
chief
executive
officer
,
said
he
expects
revenue
in
the
latest
quarter
to
total
about
$
28
million
.
The
earnings-per-share
figures
reflect
a
25
%
stock
dividend
in
June
1989
.
Mr.
LeGere
attributed
the
earnings
increase
to
growth
in
the
company
's
longhaul
trucking
insurance
lines
and
the
ability
to
keep
premium
rates
firm
.