First Acceptance Corporation (FACO)
OTCMKTS · Delayed Price · Currency is USD
3.140
0.00 (0.00%)
Jan 17, 2025, 4:00 PM EST

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.

First Acceptance Corporation
First Acceptance logo
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