| Business Summary | | ACMAT
Corporation
provides
specialized
commercial
insurance
and
bonding
coverage
for
contractors,
architects,
engineers
and
other
professionals
in
the
construction
and
environmental
fields
and
other
specialty
insurance
such
as
products
liability.
Through
United
Coastal
Insurance
Company,
the
Company
provides
a
broad
line
of
general,
professional,
environmental
and
other
liability
insurance
primarily
to
environmental
contractors
and
specialty
trade
contractors
and
architects,
engineers
and
other
professionals.
Through
ACSTAR
Insurance
Company,
the
Company
provides
surety
bonds
for
general
building,
specialty
trade
and
environmental
contractors
and
all
forms
of
commercial
surety.
ACMAT
also
is
engaged
in
construction
contracting,
which
consists
of
interior
contracting
services
involving
the
design
and
furnishing
of
building
interiors
and
asbestos
abatement
services
for
commercial,
industrial
and
institutional
buildings. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ACMAT,
a
holding
company,
provides
commercial
insurance
and
bonding
coverage
for
contractors
and
other
professionals
in
the
construction
and
environmental
fields.
For
the
six
months
ended
6/30/01,
revenues
increased
2%
to
$13.2
million.
Net
income
fell
13%
to
$1
million.
Revenues
reflect
an
increase
in
contract
fees.
Earnings
were
offset
by
an
increase
in
salary
expense,
and
increased
utility
costs
associated
with
headquarter
operations. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Henry Nozko, Sr., 81 Pres,
CEO, Chairman | $671K | Henry Nozko, Jr., 54 Exec.
VP, Treasurer, COO, Director | 493K | Michael Cifone, 42 VP-
Fin., Controller | 265K | Robert Frazer, 54 VP,
Sec., Gen. Counsel | 143K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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