Adjusted EBITDA for the first quarter of 2011 increased 2.9% to $9.1 million compared to $8.8 million for the first quarter of 2010.Net earned premium revenues decreased 0.2% to $28.4 million from $28.5 million for the comparable quarter last year, as growth in direct and assumed earned premium from new customers distributing Fortegra's credit insurance and warranty products was offset by a corresponding increase in ceded earned premiums.
Fortegra Financial Corporation Reports First Quarter Results
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