LOS ANGELES--(BUSINESS WIRE)--May 3, 2005--SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, today reported improved results for its first quarter ended March 31, 2005.
For the 2005 first quarter, SCPIE reported net income of $1.7 million, or $0.18 per share, compared with net income of $827,000, or $0.09 per share, in the first quarter of 2004, which included $2.3 million in realized investment gains. The company's favorable results are attributable to improvement in the company's core operations.
