First Acceptance Company 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.
| Country | United States |
| Founded | 1969 |
| Industry | Insurance - Specialty |
| Sector | Financials |
| CEO | Kenneth Russell |
Contact Details
Address: 3813 Green Hills Village Drive Nashville, Delaware 37215 United States | |
| Phone | (615) 844-2800 |
| Website | firstacceptance.com |
Stock Details
| Ticker Symbol | FACO |
| Exchange | OTCMKTS |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| ISIN Number | US3184571087 |
| SIC Code | 6331 |
Key Executives
| Name | Position |
|---|---|
| Kenneth Duane Russell | President and Chief Executive Officer |
| Brian Scott Dickman | Executive Vice President and Chief Financial Officer |
| Doug Jensen | Chief Operating Officer |
| Michael John Bodayle | Vice President, Secretary and Treasurer |
| Sarannah McMurtry | Executive Vice President and General Counsel |
| Anthony Delaney | Executive Vice President and Chief Insurance Operations Officer |