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 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.