| Business Summary | | United
Fire
&
Casualty
Company
is
engaged
in
the
business
of
writing
property,
casualty
and
life
insurance.
The
Company's
property
and
casualty
segment
includes
the
wholly
owned
companies,
Addison
Insurance
Company,
a
property
and
casualty
insurer,
Lafayette
Insurance
Company,
a
property
and
casualty
insurer,
and
American
Indemnity
Financial
Corporation,
a
holding
company.
The
Company
writes
both
personal
and
commercial
lines
of
insurance.
The
Company's
life
insurance
segment
subsidiary
is
United
Life
Insurance
Company.
United
Life
underwrites
and
markets
single-premium
whole
life
insurance,
term
life
and
universal
life
insurance,
annuities,
credit
life
insurance
and
individual
disability
income
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | United
Fire
and
Casualty
Company
is
engaged
in
the
business
of
writing
property,
casualty
and
life
insurance.
For
the
six
months
ended
6/30/01,
revenues
increased
13%
to
$228.6
million.
Net
income
totalled
$10.4
million,
up
from
$4.3
million.
revenues
reflect
increases
in
net
premiums
earned
and
investment
income.
Earnings
also
reflect
decreases
in
future
policy
benefits,
underwriting
expenses,
and
lower
settlement
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Scott McIntyre, Jr., 66 Chairman | $290K | John Rife, 57 Pres | 210K | Richard Swain, 42 Sr.
VP | -- | Kent Baker, 56 VP,
CFO | -- | Kevin Kubik, 45 CIO
and VP | 125K | Dollar amounts are as of 31-Dec-1999 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
|
|