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Last $0.74 USD
Change Today 0.00 / 0.00%
Volume 0.0
AFFM On Other Exchanges
As of 8:10 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

affirmative insurance holdin (AFFM) Snapshot

Previous Close
Day High
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52 Week High
08/11/14 - $2.51
52 Week Low
04/13/15 - $0.50
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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
President and Chief Operating Officer
Total Annual Compensation: $450.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2014.

affirmative insurance holdin (AFFM) Key Developments

Affirmative Insurance Holdings Inc. Announces Auditors Changes

The audit committee of Affirmative Insurance Holdings Inc.'s board approved the appointment of BDO USA LLP as the company's independent registered public accounting firm for the fiscal year ending December 31. The company dismissed KPMG LLP as the company's independent registered public accounting firm as of July 15.

Affirmative Insurance Holdings Inc., Annual General Meeting, Jun 04, 2015

Affirmative Insurance Holdings Inc., Annual General Meeting, Jun 04, 2015., at 09:00 Central Standard Time. Location: 4450 Sojourn Drive. Agenda: To elect eight directors for a one-year term; to ratify the appointment of KPMG LLP as company's independent registered public accounting firm for 2015; to approve on an advisory basis the compensation of executive officers; and to act upon such other matters as may properly come before the meeting or any adjournment thereof.

Affirmative Insurance Holdings Inc. Auditor Raises 'Going Concern' Doubt

Affirmative Insurance Holdings Inc. filed its 10-K on Mar 31, 2015 for the period ending Dec 31, 2014. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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