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  September 5, 2001
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Home > Company Index > Insurance > Property & Casualty Insurance > Allcity Insurance Company

Allcity Insurance Company
Nasdaq: ALCI
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 PROFILE
Allcity Insurance is a property and casualty insurance company that pools resources with its majority shareholder Empire Insurance. The two companies operate as one entity providing insurance coverage for auto and homeowners, multifamily residential and mercantile real estate, workers' compensation, and general liability coverage. Exploring its options, the companies have stopped writing new (as compared to renewal) insurance. Allcity operates primarily in the New York City metropolitan area. Empire Insurance, which is a subsidiary of diversified holding company Leucadia National, owns close to 85% of Allcity.

 COMPETITION
The Allstate Corporation (ALL)
GEICO Corporation (dossier)
State Farm Insurance Companies (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 42.30
1-Yr. Sales Growth: (24.1)%
Employees: 335
Revenue per employee: $126,268.66

 KEY PEOPLE
• H. E. Scruggs
    CEO
• Francis M. Colalucci
    CFO

 CONTACT INFO
335 Adams St.
Brooklyn, NY 11201
US
Phone: 718-422-4000
Fax: 718-422-4199

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