Pekin Life Insurance Company held its annual meeting on Tuesday, May 9, 2023.

The Company reported net loss of $4.7 million, for the year ending December 31, 2022.  Premium income increased by 0.7 percent to $199 million.  Life Insurance in force exceeded $21.1 billion at year-end 2022. 

At the meeting, shareholders elected directors Anthony S. Burkhart, Vincennes, Illinois; Brian K. Lee, Pekin, Illinois; Sheri N. Roser, Enfield, Illinois, to three-year terms, to expire in May 2026.

Other directors whose terms continue are: Craig W. Concklin, Hinsdale, Illinois; Daniel V. Connell, Tremont, Illinois; Brian R. Dennison, Morton, Illinois; James W. Hefti, Peoria, Illinois; John S. Heller, East Peoria, Illinois; and Thomas C. Hornstein, Marco Island, Florida.

Pekin Insurance officers elected to Pekin Life Insurance Company included:  Daniel V. Connell, Chairman of the Board, President & Chief Executive Officer; Craig W. Concklin, Vice Chairman of the Board; Jocelyn A. Duncan, Senior Vice President and Chief Operating Officer; Ryan J. Hanson, Senior Vice President & Chief Financial Officer; Joel M. Jackson, Senior Vice President; Tyler Petersen, Senior Vice President – General Counsel & Secretary; Gregory C. Bee, Vice President - Chief Risk Officer; Cynthia D. Blackburn, Vice President – Human Resources; Amy M. Darling, Vice President - Life Claims; Eric M. Shane, Vice President - Life Underwriting; Phillip L. Evans, Vice President – Administrative Services; David M. Coughlin, Vice President - Sales and Marketing; Amy L. Bingham, Vice President - Chief Information Officer; and Michele E. Ginther, Controller.

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 OTC Pink Marketplace.

A multi-line company, Pekin Life Insurance Company offers individual life which includes term life, whole life, universal life, as well as Medicare supplement, annuity, and pre-need coverages. 

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

Information about Pekin Life Insurance Company can be obtained by visiting our website at www.pekininsurance.com.