BUSINESS
August 11, 1992
Unico American Corp., citing the effect of the Los Angeles riots, reported an $8.56-million loss for its fiscal first quarter that ended June 30. The Woodland Hills-based insurer said the loss compared with year-earlier earnings of $1.15 million. Its first-quarter revenue dipped to $6.51 million from $6.77 million. "The events in Los Angeles had a dramatic impact on our company's performance," Unico American Chairman Erwin Cheldin said in a statement.
BUSINESS
June 4, 1991 | JOHN MEDEARIS, TIMES STAFF WRITER
Three top officials of Walt Disney Co. headed the list of 1990's highest-paid executives at public companies in the San Fernando Valley and Ventura County areas. Meanwhile, 10 officials of local companies received total compensation of more than $1 million in 1990--or more than 18 times the average household income in the San Fernando Valley. A total of 32 executives in the region received $500,000 or more. Executives of entertainment and financial companies dominated the list.
BUSINESS
January 19, 1993 | DON LEE, TIMES STAFF WRITER
In the months since the Los Angeles riots dealt it $21 million in claims, Crusader Insurance Co., a tiny Woodland Hills-based firm that is one of the biggest insurers of mom-and-pop businesses in central Los Angeles, has stopped writing new insurance covering riot losses and cut 85% of its agents there.
BUSINESS
January 19, 1993 | DON LEE, TIMES STAFF WRITER
Since the Los Angeles riots dealt it $21 million in claims, Crusader Insurance Co., one of the biggest insurers of mom-and-pop businesses in central Los Angeles, has stopped writing new riot insurance and eliminated 85% of its agents there.
BUSINESS
November 9, 1993 | DON LEE, TIMES STAFF WRITER
From his seventh-floor office in Woodland Hills last week, Ric Hill, a vice president at 20th Century Industries, could see smoke from the Calabasas/Malibu fire mushrooming into the sky. The fire was only a few miles away, but it was the wind that was on his mind. 20th Century insures 208,000 homes in California, including many in Calabasas and the western San Fernando Valley. "There was quite a lot of concern up here," Hill said.
BUSINESS
November 9, 1993 | DON LEE, TIMES STAFF WRITER
From his seventh-floor office in Woodland Hills last week, Ric Hill, a vice president at 20th Century Industries, could see smoke from the Topanga Canyon fire mushrooming into the sky. The fire was only a few miles away, but it was the wind that was on his mind. 20th Century insures 208,000 homes in California, including many in Calabasas and the western San Fernando Valley. "There was quite a lot of concern up here," Hill said.