Financial Information
The Pekin Insurance Group is comprised of four companies:
- Farmers Automobile Insurance Association (FAIA): Formed as a reciprocal exchange in 1921, FAIA is a full lines property & casualty company.
Audit Report
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Pekin Insurance Company (PIC): A capital stock company whose shares are wholly owned by FAIA. PIC was formed in 1961 and also writes a full array of property & casualty products.
Audit Report
- Pekin Life Insurance Company (PLIC): A capital stock company which was formed in 1965.
The majority shareholder of PLIC is FAIA and PIC with the remaining shares traded publicly.
PLIC writes a full array of life, health and annuity products.
Annual Shareholders’ Report
Letter to Shareholders - Current Financial Results
- PAC, Inc.: A premium finance company which is wholly owned by Pekin Insurance Company.
Its primary function is to provide installment payment of insurance premiums.