Unicare Financial Corp. reported net income of...

Unicare Financial Corp. reported net income of $6.1 million for 1988, a 26% increase from the $4.9 million posted a year earlier. Revenue rose 6% to $54 million from $50.8 million. For the fourth quarter, net income increased 36% to $1.7 million from the $1.2 million reported for the like period a year earlier. Revenue totaled $14.3 million, an 11% increase from the $12.9 posted for 1987’s fourth quarter. Irvine-based Unicare is a holding company for Unicare Insurance Co., which writes California workers’ compensation insurance.