| Business Summary | | Financial
Industries
Corporation
is
a
holding
company
primarily
engaged
in
the
life
insurance
business
through
its
indirect
ownership
of
100%
of
Family
Life
Insurance
Company
(Family
Life)
and
its
approximately
48.3%
interest
in
InterContinental
Life
Corporation
(ILCO),
also
a
holding
company
primarily
engaged
in
the
life
insurance
business.
Family
Life
specializes
in
providing
mortgage
protection
life
and
accidental
death
insurance
and
annuity
products
to
mortgage
borrowers
of
financial
institutions.
ILCO's
insurance
subsidiaries
are
engaged
primarily
in
administering
existing
portfolios
of
individual
life
insurance
and
accident
and
health
insurance
policies
and
annuity
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FNIN
is
a
holding
company
whose
subsidiaries
offer
life,
disability
and
health
insurance
coverage
and
annuity
products
nationwide.
FNIN's
principal
subsidiary
is
Family
Life
Insuance
Company.
For
the
six
months
ended
6/30/01,
total
revenues
rose
44%
to
$32.7
million.
Net
income
rose
10%
to
$4.8
million.
Revenues
reflect
an
increase
in
the
traditional
life
insurance
book
business.
Earnings
were
partially
offset
by
a
higher
level
of
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Roy Mitte, 68 Chairman,
CEO and Pres | $3.0M | Charles Chacosky, 42 VP,
Director | -- | Jeffrey Demgan, 47 VP | 170K | Theodore Fleron, 60 VP | -- | James Grace, 56 VP,
Treasurer, Director | 215K | 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
|
|