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Pekin Life Insurance Company Holds 47th Annual Meeting

Posted by on May 9, 2012 in News

Pekin Life Insurance Company held its annual meeting on Tuesday, May 8, 2012, at the Company’s Home Office in Pekin, Illinois.

The Company reported net income of $3.1 million. Premium income decreased by 8.7 percent to $224.4 million. Life Insurance in force exceeded $13.0 billion in the year 2011.

At the meeting, shareholders elected directors Craig W. Concklin, Hinsdale, Illinois; and Daniel V. Connell and A. Richard Kriegsman, both of Pekin, Illinois, to three year terms to expire in May 2015.

Other directors whose terms continue are: Steven R. Anderson, Loves Park, Illinois; Byron A. Dodd, Anna, Illinois; Scott A. Martin, Peoria, Illinois; Thomas C. Hornstein and Christine A. Schwartz, both of Pekin, Illinois; and Gordon M. Walker, Groveland, Illinois.

On April 18, 2012, Pekin Life Insurance Company declared a quarterly dividend of $0.03 per share payable June 1, 2012, to shareholders of record April 30, 2012. The Company has paid dividends each year since June 1, 1976.

Pekin Life Insurance Company is an integral part of the Pekin Insurance® group of companies.

Pekin Life Insurance Company stock trades under the symbol “PKIN” and is listed on the OTCQB. Wells Fargo Advisors makes a market in the stock.

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Pekin Insurance® Recognizes Winning Performances of Top Agents and Agencies

Posted by on Apr 9, 2012 in News

For the 52nd consecutive year, Pekin Insurance has held Award and Appreciation Banquets to honor agents and agencies for insurance production that has gone Beyond the expected.® This year, 46 Full Circle Agency Awards, 119 Underwriter of Merit Awards, 122 Gold Key Awards, 144 Silver Key Awards, and 97 Inner Circle Club memberships were presented at banquets held throughout the month of March in the states of Illinois, Indiana, Iowa, Ohio, and Wisconsin.

The Full Circle Agency Award was given in recognition of exceptionally high standards of service to an agency’s customers and community. As our top award, the Full Circle Agency Award is given only to an agency which has demonstrated outstanding professional performance in both the Property/Casualty and Life and Health lines of insurance.

The Underwriter of Merit Award was presented to those agencies who demonstrated professional skill and knowledge in the field of property/casualty insurance, which was the foundation for agencies to earn the award.

The company’s Gold and Silver Key Awards annually honor those individual agents who displayed superiority in the sales of life and health insurance.

Membership in the Inner Circle Club was achieved by those agents who earned a Gold Key Award and produced excellent performance levels in the sales of life and health insurance and who also excelled beyond that to be among the top 5% of producers for Pekin Life Insurance Company.

The coveted Robert T. Tebben Agency of the Year Award was presented to one agency in Illinois, Indiana, Iowa, Ohio, and Wisconsin. This coveted award honors the late Robert T. Tebben, who in his over 50 years of service to the company, contributed more than any other single individual to the present success of Pekin Insurance. He believed that all Pekin Insurance agencies should strive to be Full Circle Service Agencies which provide a full range of services to their customers. The winners of this astute award were as follows: Midland Insurance Agency in Oakbrook Terrace, Illinois; Myers and Hayden Insurance, Inc., in Fort Wayne, Indiana; First Gabrielson Agency in Belmond, Thornton, and Clear Lake, Iowa; Williamson Insurance Services of Zanesville, Inc., in Zanesville, Ohio; and Bock Insurance Agency, Inc., in Oshkosh, Wisconsin.

It is a true privilege for Pekin Insurance to celebrate the accomplishments of their outstanding agents and agencies at Award and Appreciation Banquets each year.

Pekin Insurance has been in business since 1921 and is one of the leading insurers in the state of Illinois, providing multiple lines of insurance. Pekin Insurance offers insurance coverage in Arizona, Illinois, Indiana, Iowa, Ohio, and Wisconsin through its growing agency force which now totals 1,210 independent agencies and 7,518 insurance producers in the six- state area. The company is headquartered in Pekin, Illinois, with service offices at Champaign, Moline, Mount Vernon, Rockford, and Warrenville, Illinois; Indianapolis and Warsaw, Indiana; Des Moines, Iowa; Columbus, Ohio; and Appleton and Waukesha, Wisconsin.

To learn more about Pekin Insurance, visit www.pekininsurance.com.

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Pekin Insurance® Holds Annual Meeting (2012)

Posted by on Feb 15, 2012 in News

The Farmers Automobile Insurance Association held its annual meeting on Tuesday, February 14, 2012, at their Home Office in Pekin, Illinois.

The following directors were elected for three year terms: Craig W. Concklin, Hinsdale, Illinois; and Daniel V. Connell and A. Richard Kriegsman, both of Pekin, Illinois.

Subscribers elected Craig W. Concklin, Hinsdale, Illinois; and A. Richard Kriegsman, Pekin, Illinois, to the Advisory Committee.
Pekin Insurance officers elected included: Gordon M. Walker, Chairman of the Board and Chief Executive Officer; Steven R. Anderson, Vice Chairman of the Board; Scott A. Martin, President; Daniel V. Connell, Senior Vice President, Chief Financial Officer, and Secretary; Todd A. Clark, Senior Vice President and Chief Operating Officer; Brian K. Lee, Senior Vice President; Stephen H. Nunan, Senior Vice President – Underwriting; Peggy S. Collins, Vice President – Group and Claim Services; Curtis A. Eeten, Vice President – Claims; Gregory L. Feller, Vice President – Sales; Joel M. Jackson, Vice President – Marketing; Rodney L. McKimson, Vice President – Information Technology; Edward A. Mulvey, Vice President – Personal Lines Underwriting and Assistant Secretary; Joseph C. Ricigliano, Vice President – Commercial Lines Underwriting and Assistant Secretary; Diane K. Steiner, Vice President – Life Underwriting and Assistant Secretary; Michael A. Zabinski, Vice President – Controller; G. Christine McGann, Assistant Treasurer; Michele E. Ginther, Assistant Treasurer; Aaron Z. Potacki, Assistant Secretary; and Michael L. Norton, Assistant Secretary.

Pekin Insurance is a group name adopted to designate the combined operation of The Farmers Automobile Insurance Association, Pekin Insurance Company, PAC, Inc., and Pekin Life Insurance Company.

Pekin Insurance has been in business since 1921, and is one of the leading insurers in the State of Illinois, providing multiple lines of insurance. Pekin Insurance offers insurance coverage in Arizona, Illinois, Indiana, Iowa, Ohio, and Wisconsin through its growing agency force which now totals 1,210 independent agencies and 7,518 insurance producers in the six state area. The company is headquartered in Pekin, Illinois, with service offices at Champaign, Moline, Mount Vernon, Rockford, and Warrenville, Illinois; Indianapolis and Warsaw, Indiana; Des Moines, Iowa; Columbus, Ohio; and Appleton and Waukesha, Wisconsin.

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Pekin Insurance Agencies Helped to Bring Joy to Troops Serving Overseas (2011)

Posted by on Dec 14, 2011 in News

Pekin Insurance agencies made the holidays more meaningful and merry with outstanding production of life insurance during Pekin Insurance’s recent “Help the Troops Call Home for the Holidays Sales Contest” culminating in USO phone cards being sent to active deployed units in the Southwest Asia region including Kuwait, Dubai, Qatar, Afghanistan, and Iraq.

For every life insurance application that a Pekin Insurance independent agent submitted during the contest, a USO phone card was donated to USO Operation Phone Home.

More than 1,300 USO phone cards were sent to our troops serving overseas. The company and its independent agencies take great pride in and sincerely thank the men and women who are making the sacrifice and commitment to fight for the freedom and safety of our country. We were happy to help members of our armed services have the opportunity to hear the voices of their loved ones during the holiday season.

In business since 1921, Pekin Insurance today offers multiple lines of insurance in Arizona, Illinois, Indiana, Iowa, Ohio, and Wisconsin and is represented by nearly 1,500 independent agencies.

Pekin Insurance independent insurance agencies can assist you with your auto, home, business, life, and health insurance needs with service that goes Beyond the expected.®

Visit www.pekininsurance.com to find out more about a company that provides peace of mind and long-term security for its policyholders. Also, take the time to sign up for their informative eNewsletter.

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2011 Pekin Insurance Holiday Tournament

Posted by on Dec 1, 2011 in News

Pekin Insurance is proud to be a part of the Pekin Insurance Holiday Tournament hosted by Pekin Community High School on December 27, 28, and 29. This year marks the 47th year of the tournament featuring some of the best basketball teams in the state of Illinois. For more information on the tournament, visit www.holidaytournament.com.

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Pekin Life Insurance Company Announces New Health Claim Service

Posted by on Nov 18, 2011 in News

Pekin Life Insurance Company has been providing benefit administration services to their group health insureds for nearly half a century. Recognizing their long history of expertise in employee benefit administration and commitment to providing service that goes Beyond the expected,® a third party administration unit has been created to extend their professional support to businesses that prefer to self-fund their benefits.

Group Plan Solutions (GPS) Benefit Administration, a division of Pekin Life Insurance Company, was established to help guide employers through the maze of health care reform while providing direction to finding the optimal solution to employee benefit needs. Peggy Collins, Vice President – Group and Claim Services, remarks, “Many TPAs focus on how quickly your claims are processed. We focus on making sure that your claims have been examined for ways to save you money, while still making sure your employees are paid the benefits you have promised them. You can trust that we will be as fiscally responsible with your self-funded benefit dollars as we are with claims we process as an insurance provider.”

Terrie Strebing is the company’s new TPA Administrator. With over 10 years of experience in the third party administration arena, she will guide businesses to provide an outstanding benefit package for their employees.

Strebing hails from Danville, Illinois, where she attended Danville Area Community College. Her previous experience as an account executive; manager, client development; and client development coordinator in the health industry will aid in the building of trust with new TPA clients while finding innovative solutions to client problems.

A multi-line company, Pekin Life Insurance Company also offers individual and group life and health products; including term life, universal life, major medical, Medicare supplement, annuity, credit insurance, debt protection, and pre-need coverages.

Other products offered by the Pekin Insurance group include automobile, homeowners, motorcycle, recreational vehicle, boatowners, commercial automobile, businessowners, commercial property and liability, workers compensation, and bonds.

Pekin Insurance offers insurance coverages in Arizona, Illinois, Indiana, Iowa, Ohio, and Wisconsin through its independent agency network.

Information about Pekin Life Insurance Company can be obtained by visiting www.pekininsurance.com and like them on Facebook at
www.facebook.com/pekininsurance.

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