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Home > Company Index > Insurance > Property & Casualty Insurance > Vesta Insurance Group, Inc.

Vesta Insurance Group, Inc.
NYSE: VTA
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 NEWS FROM THE WIRES
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Aug 17 2001 11:42 AM PDT

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Jul 24 2001 09:45 AM PDT

Ventra approves takeover offer from Flex-N-Gate
Jul 24 2001 09:44 AM PDT

More WIRE STORIES about this company

 PROFILE
Vesta Insurance Group has a vested interest in insuring your property. The company focuses on personal insurance, offering preferred, standard, and nonstandard automobile (nearly 45% of personal lines) and homeowners (almost 55%) coverage. Facing increased competition, Vesta has exited its reinsurance business and the majority of its commercial operations. The company has entered the life insurance business with its purchase of American Founders Financial. Vesta sells its products through independent agencies; the eastern and midwestern parts of the US account for the majority of sales.

 COMPETITION
The Allstate Corporation (ALL)
The Progressive Corporation (PGR)
State Farm Insurance Companies (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 265.20
1-Yr. Sales Growth: (34.2)%
Employees: 486
Revenue per employee: $545,679.01

 KEY PEOPLE
• Norman W. Gayle
    CEO
• William P. Cronin
    CFO

 CONTACT INFO
3760 River Run Dr.
Birmingham, AL 35243
US
Phone: 205-970-7000
Fax: 205-970-7007
Online: Web Site

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