June 27, 2017 12:41 PM ET

Insurance

Company Overview of National Lloyds Corporation

Company Overview

National Lloyds Corporation, through its subsidiaries, offers property and casualty insurance services. The company provides fire and homeowners insurance for low value dwellings and manufactured homes primarily in Texas, Arizona, Tennessee, Oklahoma, and Louisiana. It underwrites its insurance policies through independent agents. National Lloyds Corporation was formerly known as NLASCO, Inc. and changed its name to National Lloyds Corporation in September 2013. The company was founded in 2000 and is based in Waco, Texas. As of January 31, 2007, National Lloyds Corporation operates as a subsidiary of Hilltop Holdings Inc.

510 North Valley Mills Drive

Waco, TX 76710-6075

United States

Founded in 2000

Phone:

254-399-0626

Fax:

254-399-0937

Key Executives for National Lloyds Corporation

Chief Executive Officer
Compensation as of Fiscal Year 2016.

National Lloyds Corporation Key Developments

National Lloyds Reports Earnings Results for the Fourth Quarter of 2016

National Lloyds reported earnings results for the fourth quarter of 2016. The company had a strong quarter with pretax income of $13.3 million compared to pretax income of $7 million in the prior year.

National Lloyds Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2016

National Lloyds Corporation reported earnings results for the second quarter ended June 30, 2016. For the quarter, the company reported net interest income of $758,000 against $699,000 for the same period a year ago. Loss before income taxes was $9,567,000 against $12,525,000 for the same period a year ago. Net premium earned was $38,721,000 against $40,318,000 for the same period a year ago. Seasonally normal severe weather in Texas during the first half of 2016, though claim counts reflected an earlier start and end to anticipated storms that helped drive the second quarter of 2016 improvement in loss ratio versus prior year.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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