CRM Holdings on Wednesday reported a 16.7% increase in net income for the fourth quarter of 2007, to $4.9 million compared to $4.2 million for the fourth quarter of 2006.Total revenues increased 58.5% to $42.2 million from $26.6 million in the fourth quarter of 2006, CRM said in a press release. Results were aided by the inclusion of the results of Majestic Insurance Co., which CRM acquired in November 2006, and the overall growth of the company's primary insurance business, CRM said.For the full year 2007, CRM's net income increased 41.3% to $20.1 million, from $14.3 million in 2006. ...
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