Pekin Life Insurance Company held its annual meeting on Tuesday, May 14, 2019, at the Company’s Home Office in Pekin, Illinois.
The Company reported net income of $3.4 million. Premium income decreased by 7.4 percent to $184.5 million. Life Insurance in force exceeded $18.2 billion in the year 2018.
At the meeting, shareholders elected directors Thomas C. Hornstein, Pekin, Illinois; Scott A. Martin, Chillicothe, Illinois; and Christine A. Schwartz, Pekin, Illinois, to three year terms to expire in May 2022.
Other directors whose terms continue are: Steven R. Anderson, Loves Park, Illinois; Craig W. Concklin, Hinsdale, Illinois; Daniel V. Connell, Tremont, Illinois; Byron A. Dodd, Anna, Illinois; John S. Heller, East Peoria, Illinois; and Brian K. Lee, 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.
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.