| Business Summary | | United
Trust
Group,
Inc.
is
an
insurance
holding
company
that
sells
individual
life
insurance
products
through
its
subsidiaries.
The
Company's
dominant
business
is
individual
life
insurance,
which
includes
the
servicing
of
existing
insurance
business
in
force,
the
solicitation
of
new
individual
life
insurance
and
the
acquisition
of
other
companies
in
the
insurance
business.
The
Company
primarily
markets
its
products
in
the
Midwest
region,
with
most
sales
in
the
states
of
Illinois
and
Ohio.
The
Company's
s
portfolio
consists
of
two
universal
life
insurance
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | United
Trust
Group,
Inc.
is
an
insurance
holding
company
whose
subsidiaries
sell
individual
life
insurance
products
principally
in
the
Midwestern
United
States.
For
the
six
months
ended
6/30/01,
total
revenues
fell
10%
to
$17.4
million.
Net
income
totaled
$1.3
million,
up
from
$640
thousand.
Revenues
reflect
lower
premium
and
policy
fees
due
to
the
Company
writing
little
new
traditional
business.
Earnings
reflect
lower
operating
costs
due
to
the
absence
of
severance. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jesse Correll, 44 Chairman,
CEO | -- | James Melville, 55 Pres,
COO, Director | $238K | Theodore Miller, 70 CFO,
Sr. VP, Sec. | -- | Brad Wilson, 48 Sr.
VP, CAO, Chief Information Officer | 164K | 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
|
|