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Pekin Insurance | September 29, 2016
Pekin Insurance® is responding to the needs of its policyholders and the requests of the Iowa Department of Insurance in the administration of insurance policies, including all lines, resulting from a recent flooding disaster that impacted 17 counties. Effective immediately, the following actions are applicable for all lines to insureds residing in Allamakee, Benton, Black Hawk, Bremer, Buchanan, Butler, Cedar, Cerro Gordo, Chickasaw, Delaware, Floyd, Franklin, Hancock, Linn, Mitchell,...
Pekin Insurance | September 22, 2016
Pekin Insurance® is responding to the needs of its policyholders and the requests of the Indiana Department of Insurance in the administration of insurance policies, including all lines, resulting from a recent lead contamination event that has impacted parts of East Chicago, Indiana. Effective immediately, the following actions are applicable for all lines to insureds residing in East Chicago, Indiana, with postal zip code 46312....
Pekin Insurance | June 30, 2016
A.M. Best has affirmed the Financial Strength Rating (FSR) of “A” (Excellent) of Pekin Insurance® Group and our two intercompany pool members, The Farmers Automobile Insurance Association and its wholly owned subsidiary, Pekin Insurance Company. The outlook for the FSR continues to be stable. Financial Strength Ratings are published in A.M. Best’s Insurance Reports and represent their independent opinion of an insurer’s financial strength and ability to meet its ongoi...
Pekin Insurance | May 11, 2016
Pekin Life Insurance Company held its annual meeting on Tuesday, May 10, 2016, at the Company’s Home Office in Pekin, Illinois.The Company reported net loss of $1.3 million. Premium income increased by 4.6 percent to $215.7 million. Life Insurance in force exceeded $16.2 billion in the year 2015. At the meeting, shareholders elected directors Thomas C. Hornstein, Pekin, Illinois; Scott A. Martin, Peoria, Illinois; and Christine A. Schwartz, Pekin, Illinois, to three year terms to exp...
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