Wednesday, May 10, 2017

PEKIN LIFE INSURANCE COMPANY HOLDS ANNUAL MEETING

PEKIN LIFE INSURANCE COMPANY HOLDS ANNUAL MEETING

Pekin Life Insurance Company held its annual meeting on Tuesday, May 9, 2017, at the Company’s Home Office in Pekin, Illinois.

Premium income increased by 3.1 percent to $222.5 million. Life Insurance in force exceeded $17.1 billion in the year 2016. The Company reported net loss of $1.0 million.
At the meeting, shareholders elected directors Steven R. Anderson, Loves Park, Illinois; Byron A. Dodd, Anna, Illinois; and Brian K. Lee, Pekin, Illinois, to three year terms to expire in May 2020.
Other directors whose terms continue are: Craig W. Concklin, Hinsdale, Illinois; Daniel V. Connell, Tremont, Illinois; Scott A. Martin, Peoria, Illinois; and Thomas C. Hornstein, A. Richard Kriegsman, and Christine A. Schwartz, all from Pekin, Illinois.
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, credit insurance, debt protection, and pre-need coverages. Additionally, Pekin Life Insurance Company has a third party claims administration division, Group Plan Solutions, which is designed to provide employer-based, self-funded health plan administration.
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 Internet website at www.pekininsurance.com.

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