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FBL reports first quarter improvement

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FBL Financial Group Inc. reported net income for the first quarter of $26.5 million, compared with $18 million for the first quarter of 2010.

Operating income totaled $28.6 million, up from $20.3 million a year ago. FBL CEO James Hohmann said in a press release that sales levels were strong, as premiums collected were up 84 percent from the first quarter of 2010.