| Business Summary | | National
Security
Group,
Inc.
(NSEC)
is
an
insurance
holding
company.
The
Company,
through
its
property
and
casualty
subsidiaries,
writes
primarily
low-value
dwelling
fire
and
windstorm,
homeowners
and
personal
non-standard
automobile
lines
of
insurance.
The
Company's
property
and
casualty
subsidiaries
also
write
commercial
lines
of
insurance
for
small
businesses.
NSEC,
through
its
life
insurance
subsidiary,
offers
a
basic
line
of
life
insurance,
as
well
as
health
and
accident
insurance
products.
The
Company's
property
and
casualty
insurance
business
is
conducted
through
National
Security
Fire
&
Casualty
Company
(NSFC),
a
wholly
owned
subsidiary
of
the
Company,
and
Omega
One
Insurance
Company
(Omega),
a
wholly
owned
subsidiary
of
National
Security
Fire
&
Casualty
Company.
NSEC's
life
insurance
business
is
conducted
by
National
Security
Insurance
Company
(NSIC),
a
wholly
owned
subsidiary. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NSEC
is
an
insurance
holding
company
which
writes
low
value
dwelling
fire
and
windstorm,
homeowners,
and
personal
non-standard
automobile
lines
of
insurance.
NSEC
also
offers
a
basic
line
of
life,
and
health
and
accident
insurance
products.
For
the
six
months
ended
6/30/01,
total
revenues
rose
9%
to
$15.9
million.
Net
income
fell
19%
to
$1.5
million.
Results
reflect
a
growth
in
property/casualty
insurance,
offset
by
an
increase
in
agents
commission
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| W. Brunson, Jr., 42 Pres,
CEO, Director | $144K | M. Murdock, 58 CFO,
Sr. VP, Treasurer, Director | 150K | 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
|
|