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  September 5, 2001
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Home > Company Index > Insurance > Property & Casualty Insurance > Acceptance Insurance Companies Inc.

Acceptance Insurance Companies Inc.
NYSE: AIF
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 PROFILE
Acceptance Insurance can insure your soybean crop against a hailstorm. American Agrisurance, a subsidiary of the company, is one of the nation's top crop insurers. Products include policies against adverse weather (including a specific hail damage policy) and coverage protecting against lost revenue caused by low prices. The company markets its lines through independent agencies and buys reinsurance to protect against catastrophic losses. Acceptance has sold the majority of its niche property/casualty operations to a subsidiary of German insurer Hannover Re and is selling Acceptance Casualty and Acceptance Indemnity to insurance holding company McM. The company has bought auto insurer Symons' crop insurance division.

 COMPETITION
AgAmerica, FCB (dossier)
AgFirst Farm Credit Bank (dossier)
Goran Capital Inc. (GNCNF)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 213.50
1-Yr. Sales Growth: (24.8)%
Employees: 776
Revenue per employee: $275,128.87

 KEY PEOPLE
• John E. Martin
    CEO
• Dwayne Hallman
    CFO

 CONTACT INFO
222 S. 15th St., Ste. 600 North
Omaha, NE 68102
US
Phone: 402-344-8800
Fax: 402-341-0792
Online: Web Site

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