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Home > Company Index > Insurance > Life Insurance > Financial Industries Corporation

Financial Industries Corporation
Nasdaq (SC): FNIN
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 NEWS FROM THE WIRES
Financial Ind says renews sale talks, stock leaps
Aug 21 2001 08:22 AM PDT

More WIRE STORIES about this company

 PROFILE
Through its Family Life Insurance subsidiary, Financial Industries sells mortgage protection (insurance paid to the lender if the principal dies) and life, disability, and accidental death insurance to customers of more than 80 financial institutions. Family Life provides coverage throughout the US, but approximately half of the unit's sales are in Texas and California. Financial Industries has acquired what it didn't already own of publicly-traded InterContinental Life, which administers life, accident, and health insurance policies and annuities. Chairman, president, and CEO Roy Mitte owns about 30% of the company.

 COMPETITION
The Liberty Corporation (LC)
Metropolitan Life Insurance Company (MET)
The Principal Financial Group (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 48.00
1-Yr. Sales Growth: (5.1)%
Employees: 286
Revenue per employee: $167,832.17

 KEY PEOPLE
• Roy F. Mitte
    CEO
• James M. Grace
    CFO

 CONTACT INFO
6500 River Place Blvd., Bldg. 1
Austin, TX 78730
US
Phone: 512-404-5050
Fax: 512-404-5210
Online: Web Site

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