| Business Summary | | Unico
American
Corp.
is
an
insurance
holding
company
that
underwrites
property
and
casualty
insurance
through
its
insurance
company
subsidiary;
provides
property,
casualty,
health
and
life
insurance
through
its
agency
subsidiaries;
and
provides
insurance
premium
financing,
claim
administration
services
and
membership
association
services
through
its
other
subsidiaries.
The
Company's
operations
are
categorized
between
two
major
segments:
insurance
company
operation
and
other
insurance
operations.
The
insurance
company
operation
is
conducted
through
Crusader
Insurance
Company,
Unico's
property
and
casualty
insurance
company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Unico
American
Corp.
is
an
insurance
holding
company
whose
subsidiaries
provide
property,
casualty,
health
and
life
insurance
and
related
premium
financing.
For
the
six
months
ended
6/30/01,
total
revenues
increased
3%
to
$20.3
million.
Net
loss
totaled
$1
million
vs.
an
income
of
$1.2
million.
Revenues
reflect
increased
premiums
earned
due
to
subsistence
in
the
intensity
of
price
competition
in
the
industry,
offset
by
an
increase
in
incurred
losses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Erwin Cheldin, 69 Chairman,
Pres, CEO | $461K | -- | Lester Aaron, 55 CFO,
Treasurer, Director | 240K | -- | Cary Cheldin, 44 Exec.
VP, Director | 392K | -- | George Gilpatrick, 56 VP
of Management Information Systems, Sec. | 235K | $124K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|