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Home > Company Index > Insurance > Multiline Insurance > PICO Holdings, Inc.

PICO Holdings, Inc.
Nasdaq: PICO
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 PROFILE
What do water, land in the desert of northern Nevada, and insurance have in common? Not much, save PICO Holdings, a diversified insurance and investment holding company. PICO's Sequoia Insurance subsidiary specializes in farm and commercial insurance in California and brings in most of the firm's revenues. But PICO is high on the potential of two development subsidiaries. Nevada Land & Resource owns land and mineral rights for over a million acres in northern Nevada (one of the state's largest private landowners); Vidler Water owns water rights and water storage operations in the Colorado River watershed. The company is running off the loss reserves of its medical professional liability insurance companies.

 COMPETITION
John Hancock Financial Services, Inc. (JHF)
Kemper Insurance Companies (dossier)
State Farm Insurance Companies (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 47.10
1-Yr. Sales Growth: (7.1)%
Employees: 140
Revenue per employee: $336,428.57

 KEY PEOPLE
• John R. Hart
    CEO
• Gary W. Burchfield
    CFO

 CONTACT INFO
875 Prospect St., Ste. 301
La Jolla, CA 92037
US
Phone: 858-456-6022
Fax: 858-456-6480
Online: Web Site

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