Amwest Insurance’s Income Increases 27%

Amwest Insurance Group, a Woodland Hills underwriter of bail bonds and other surety bonds, said its net income for the first quarter that ended March 31 rose 27% to $995,000 compared to $785,000 a year earlier. Its net premiums earned--a financial measure similar to operating revenue--increased 71% to $8.8 million compared to $5.1 million in the same period a year ago.