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Home > Company Index > Insurance > Surety, Title & Miscellaneous Insurance > Fremont General Corporation

Fremont General Corporation
NYSE: FMT
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 NEWS FROM THE STANDARD
Getting to Know All About You
Feb 08 1999 12:00 AM PST

Internet Movers
Sep 14 1998 12:00 AM PDT

 PROFILE
Fremont General has found its niche - two niches, actually. Fremont General offers both workers' compensation insurance and financial services. Subsidiary Fremont Compensation Insurance Group offers workers' compensation insurance primarily in the western part of the US. Fremont General's financial services subsidiary, Fremont General Credit, provides real estate loans and insurance premium financing; commercial real estate comprises 75% of its portfolio. Losses have forced the company to close down about three-fourths of its insurance offices (some 30 locations) cut 50% of its workforce (about 1,000 employees).

 COMPETITION
CIGNA Corporation (CI)
Liberty Mutual Insurance Companies (dossier)
The St. Paul Companies, Inc. (SPC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,577.20
1-Yr. Sales Growth: 12.9%
Employees: 2,316
Revenue per employee: $681,001.73

 KEY PEOPLE
• James A. McIntyre
    CEO
• Wayne R. Bailey
    CFO

 CONTACT INFO
2020 Santa Monica Blvd., Ste. 600
Santa Monica, CA 90404
US
Phone: 310-315-5500
Fax: 310-315-5599

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