| Business Summary | | Fremont
General
Corp.
is
a
financial
services
holding
company.
Fremont
manages
its
business
through
two
operating
segments,
financial
services
and
property
and
casualty
insurance.
Fremont's
financial
services
segment
is
consolidated
within
Fremont
General
Credit
Corporation,
which
is
engaged
in
collateralized
commercial
and
consumer
lending
nationwide
through
its
California-chartered
industrial
bank
subsidiary,
Fremont
Investment
&
Loan.
Fremont's
property
and
casualty
insurance
segment
is
consolidated
within
Fremont
Compensation
Insurance
Group
and
substantially
all
of
its
insurance
operation
is
represented
by
the
underwriting
of
workers'
compensation
insurance
policies.
Each
segment
is
managed
separately
and
uses
different
pricing,
distribution
and
operating
methods. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FMT
is
a
nationwide
insurance
and
financial
services
holding
company.
FMT
underwrites
workers'
compensation
insurance
and
is
engaged
in
commercial
and
residential
real
estate
lending,
commercial
finance
and
premium
financing.
For
the
six
months
ended
6/01,
revenues
fell
41%
to
$481.9
million.
Net
income
before
extraordinary
items
totalled
$26.4
million
vs.
a
loss
of
$260.8
million.
Results
reflect
lower
premiums
earned,
offset
by
decreased
loss
adjustment
and
policy
acquisition
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James McIntyre, 68 Chairman,
CEO | $1.0K | Louis Rampino, 48 Pres,
COO, Director | 1.4K | Wayne Bailey, 46 CFO,
Exec. VP, Treasurer, Director | 1.1K | Raymond Meyers, 54 Sr.
VP and CAO | 0.5K | John Donaldson, 46 Sr.
VP, Controller | 0.6K | 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
|
|