NU Online News Service, April 30, 5:06 p.m. – Jefferson-Pilot Corp., Greensboro, N.C., is reporting $146 million in net income for the first quarter on $885 million in revenue, compared with $155 million in net income on $857 million in revenue for the first quarter of 2001.
Jefferson-Pilot sells annuities, life insurance and employee benefits, and it also owns radio and television stations.
Excluding large bank-owned life insurance policies, new life sales increased to $15 million for the latest quarter, up from $9 million for the comparable quarter in 2001.