Pekin Life Insurance Company held its annual meeting on Tuesday, May 12, 2020.
The Company reported net income of $1.5 million. Premium income increased by 0.5 percent to $185.4 million. Life Insurance in force exceeded $18.9 billion at year-end 2019.
At the meeting, shareholders elected directors Steven R. Anderson, Loves Park, Illinois; Anthony S. Burkhart, Vincennes, Indiana; and Brian K. Lee, Pekin, Illinois, to three year terms to expire in May 2023.
Other directors whose terms continue are: Craig W. Concklin, Hinsdale, Illinois; Daniel V. Connell, Tremont, Illinois; John S. Heller, East Peoria, Illinois; Thomas C. Hornstein, Pekin, Illinois; Scott A. Martin, Chillicothe, Illinois; and Christine A. Schwartz, Pekin, Illinois.
Pekin Insurance officers elected to Pekin Life Insurance Company included: Scott A. Martin, Chairman of the Board, Steven R. Anderson, Vice Chairman of the Board; Daniel Connell, Chief Executive Officer; Brian K. Lee, President and Chief Operating Officer; Michael A. Zabinski, Senior Vice President, Chief Financial Officer, and Chief Risk Officer; Amy M. Darling, Vice President - Life Claims; Jocelyn A. Duncan, Vice President - Life Administration; Gregory L. Feller, Vice President - Sales; Joel M. Jackson, Vice President - Marketing; Subhasis Mukherjee, Vice President - Chief Information Officer; Tyler D. Petersen, Vice President - General Counsel and Secretary; Kimberly S. Remmert, Vice President - Human Resources; Amber J. Stenger, Controller; and Michele E. Ginther, Assistant Vice President and Assistant Treasurer.
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.
Other products offered by the Pekin Insurance group include personal automobile, homeowners, motorcycle, recreational vehicle, boat owners, 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.