SCPIE Holdings Inc.

The L.A.-based healthcare liability insurance provider reported a fourth-quarter net loss of $3.4 million (36 cents per diluted share), compared with net income of $2.6 million (28 cents) for the like period a year earlier. Revenue decreased to $36.4 million from $45.1 million in the comparable quarter of the prior year.

Net written premiums totaled $27 million, compared with $27.3 million in the year-earlier quarter. Earned premiums for the company’s core direct health care liability operations totaled $29.9 million, compared with $29.8 million a year earlier.

Homestore Inc.


The Westlake Village-based operator of real estate Web sites reported fourth-quarter net income of $6 million (4 cents per diluted share), compared with a loss of $12.1 million (10 cents) for the like period a year earlier. Revenue increased to $54.3 million from $51.9 million in the comparable quarter of the prior year.

Net income included a gain on asset sales totaling $7.3 million and a revision in estimates to previous restructuring charges of $971,000. Results for the fourth quarter also included an impairment charge of $1.8 million and restructuring charges of $4.1 million.

Staar Surgical Co.


The Monrovia-based medical products manufacturer reported a fourth-quarter net loss of $4.4 million (21 cents per diluted share), compared with a loss of $3.5 million (19 cents) for the like period a year earlier. Revenue increased to $14 million from $12.8 million in the comparable quarter of the prior year.

Net loss for the fourth quarter and full year included a reserve of $500,000 against partially collateralized notes of a former director, representing approximately 2 cents of the loss recorded during the fourth quarter and full year.