Detail akcie First Acceptance online

Business Summary: First Acceptance Corporation is an insurance holding company. The Company underwrites non-standard personal automobile insurance through insurance companies known as the First Acceptance Insurance Group. It offers non-standard personal automobile insurance through its own underwritten insurance policies primarily through independent agents in 15 states. It also offers a variety of other commissionable third-party products, such as roadside assistance, and in most states, it also sells (and continues to sell) an insurance product for renters that it underwrite. Its products include auto insurance, renters insurance, and life insurance. Its roadside assistance services include mechanical first aid, emergency towing, emergency fluid delivery, emergency tire service, emergency battery service, and lost key or lockout service. Its subsidiaries include First Acceptance Insurance Company of Georgia, Inc. and First Acceptance Insurance Company of Tennessee, Inc.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2017, First Acceptance Corp revenues decreased 11% to $347.5M. Net income before extraordinary items totaled $3.9M vs. loss of $29.3M. Revenues reflect Premiums Earned decrease of 8% to $278.2M. Net Income reflects Insurance operating expenses decrease of 4% to $111.3M (expense), Depreciation and amortization decrease of 19% to $2.1M (expense).