First Acceptance Corporation (FACO)

3.7000 +0.2200 (+6.32%) At close: 03:57PM EDT

First Acceptance Corporation

3813 Green Hills Village Drive
Nashville, TN 37215
United States
800 321 0899
https://www.acceptanceinsurance.com

Sector(s): Financial Services
Industry: Insurance - Specialty
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kenneth Duane Russell	President & CEO	786.16k	N/A	1948
Mr. Brian Scott Dickman	Executive VP & CFO	N/A	N/A	1974
Mr. Doug Jensen	Chief Operating Officer	N/A	N/A	N/A
Mr. Michael John Bodayle	VP, Secretary & Treasurer	224.93k	N/A	1956
Sarannah McMurtry	Executive VP & General Counsel	N/A	N/A	N/A
Anthony Delaney	Executive VP & Chief Insurance Operations Officer	N/A	N/A	N/A

Amounts are as of 31 December 2017, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record. The company also underwrites auto and motorcycle insurance products; and renters, homeowners, commercial, pet, life, travel, outdoor vehicle, and hospital indemnity insurance products. In addition, it provides TeleMed, a subscription service that offers access to doctor for consulting, diagnosing, and prescribing medication for non-emergency illness. The company primarily distributes its products through its retail locations, as well as through call center and internet. As of December 31, 2021, it leased and operated 338 retail locations, and a call center. First Acceptance Corporation was founded in 1969 and is headquartered in Nashville, Tennessee.

Corporate governance

First Acceptance Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.