Amerin Guaranty Corp., a mortgage insurer, reported net income of $8.7 million, or 33 cents per share, for the first quarter- increases of 53% and 50%, respectively.

Revenues of $25 million were 54% higher than a year earlier. Net premiums totaled $20.5 million, up 69%. New insurance written was $1.8 billion, a modest decline of 4.8%.

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