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Last $0.02 USD
Change Today -0.003 / -16.67%
Volume 49.6K
AFFM On Other Exchanges
As of 8:10 PM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

affirmative insurance holdin (AFFM) Snapshot

Previous Close
Day High
Day Low
52 Week High
10/29/14 - $1.90
52 Week Low
10/9/15 - $0.02
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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affirmative insurance holdin (AFFM) Details

Affirmative Insurance Holdings, Inc. designs, underwrites, and services non-standard personal automobile insurance policies for individual consumers in the United States. The company offers liability-only policies, including bodily injury liability coverage for insured involved in accidents that cause bodily injury to others, and also provides them with a defense if others sue for covered damages; and property damage liability coverage for insured involved in accidents that cause damage to another’s property. It also provides full coverage policies, such as collision coverage for damage to the insured vehicle as a result of a collision with another vehicle or object; and comprehensive coverage for damages to the insured vehicle as a result of causes other than collision, such as theft, hail, and vandalism. In addition, the company distributes non-standard insurance policies underwritten by a county mutual insurance company. It distributes its insurance policies through approximately 5,000 independent agents or brokers in Louisiana, Texas, California, Alabama, Illinois, Indiana, and Missouri; and an unaffiliated underwriting agency. The company was formerly known as Instant Insurance Holdings, Inc. Affirmative Insurance Holdings, Inc. was founded in 1998 and is based in Addison, Texas.

489 Employees
Last Reported Date: 03/31/15
Founded in 1998

affirmative insurance holdin (AFFM) Top Compensated Officers

Chief Executive Officer, Director and Chairma...
Total Annual Compensation: $650.0K
Compensation as of Fiscal Year 2014.

affirmative insurance holdin (AFFM) Key Developments

Affirmative Insurance Holdings Inc. Announces Resignation of BDO USA, LLP as Independent Registered Public Accounting Firm

On September 18, 2015, BDO USA LLP (BDO), the Affirmative Insurance Holdings Inc’s independent registered public accounting firm, informed the company that it was resigning effective immediately.

Affirmative Insurance Holdings Inc. Announces Executive Changes, Effective October 2, 2015

On September 15, 2015, Earl R. Fonville tendered his resignation as Chief Financial Officer of the Affirmative Insurance Holdings Inc., to be effective October 2, 2015. Mr. Fonville's duties and responsibilities as the company's principal financial officer will be assumed by the company's Chief Executive Officer, Michael J. McClure effective October 2, 2015.

Affirmative Insurance Holdings Inc. Announces Resignation of Paul J. Zucconi as Director and Chairman of the Audit Committee

Affirmative Insurance Holdings Inc. announced that Paul J. Zucconi tendered his resignation as a Director and Chairman of the Audit Committee, effective August 26, 2015.


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