| Business Summary | | PAULA
Financial,
together
with
its
subsidiaries,
is
a
specialty
underwriter
and
distributor
of
commercial
insurance
products.
Through
its
subsidiary,
PAULA
Insurance
Company,
the
Company
underwrites
workers'
compensation
insurance
products
and
services
for
agribusiness
clients
in
California,
Arizona,
Oregon,
Alaska,
Florida,
Idaho,
Nevada,
New
Mexico
and
Texas.
For
the
year
ended
December
31,
2000,
California
accounted
for
55%
of
premiums
earned.
The
Company
operates
from
many
offices,
located
throughout
prime
agricultural
areas,
and
places
coverage
with
its
insurance
company
subsidiaries
and
nonaffiliated
insurance
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PAULA
Financial
and
subsidiaries
is
an
integrated
insurance
organization
which
specializes
in
the
production,
underwriting
and
servicing
of
workers'
compensation
and
a
accident
and
health
insurance
for
agribusiness
clients.
For
the
six
months
ended
6/01,
revenues
fell
55%
to
$30.7
million.
Net
income
totalled
$335
thousand
vs.
a
loss
of
$1.6
million.
Revenues
reflect
lower
premiums
earned
due
to
new
quota
share
agreements.
Net
income
benefited
from
improved
operating
efficiencies. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffrey Snider, 49 Chairman,
Pres and CEO | $393K | James Nicholson, 56 CFO,
Sr. VP, Sec., Director | 221K | Karl Hansen, 50 Exec.
VP, Director | 157K | James Muza, 48 Sr.
VP, CIO, Chief Actuary | 213K | Victor Gloria, III, 46 Sr.
VP | 209K | 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
|
|