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First Acceptance Stock Price, News & Analysis

FACO OTC

Welcome to our dedicated page for First Acceptance news (Ticker: FACO), a resource for investors and traders seeking the latest updates and insights on First Acceptance stock.

First Acceptance Corporation (OTCQX:FACO) is an insurance holding company that underwrites non-standard personal automobile insurance through insurance companies known as the First Acceptance Insurance Group. The company, headquartered in Nashville, reports that it distributes its own underwritten auto insurance policies through independent agents, and its news flow reflects this focus on non-standard personal auto coverage and independent agency relationships.

The FACO news stream features the company’s quarterly and annual operating results, where it reports income before income taxes, net income, diluted net income per share, and revenues. These updates often discuss loss ratios, expense ratios, and combined ratios for its insurance companies, as well as the impact of prior period loss and loss adjustment expense development on earnings and commission expense. Investors and observers can follow how factors such as physical damage loss severity, claim frequency, and storm activity in certain market states influence the company’s results.

In addition to earnings releases, First Acceptance issues news about reinsurance arrangements and their effect on revenues through ceded premiums earned, as well as commentary on investment income and its growing contribution to net income. The company also publishes announcements regarding Board of Directors appointments, including new directors with backgrounds in non-standard auto insurance, insurance distribution, and corporate and securities law, and notes their roles on the Audit and Risk Committees.

This news page provides a consolidated view of First Acceptance Corporation’s reported financial performance, underwriting trends, reinsurance effects, investment income developments, and governance changes. Readers interested in FACO can use this feed to monitor the company’s reported profitability, distribution model updates, and board-level developments over time.

Rhea-AI Summary

First Acceptance (OTCQX:FACO) reported financial results for the quarter ended March 31, 2024. Income before taxes was $8.9M, net income was $6.9M, and diluted EPS was $0.18. Unfavorable loss development was $3.9M. Revenues and net income included $0.5M gains on investments. President commented on strong demand for non-standard auto insurance products and increased profitability from investments.

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FAQ

What is the current stock price of First Acceptance (FACO)?

The current stock price of First Acceptance (FACO) is $4.08 as of February 9, 2026.

What is the market cap of First Acceptance (FACO)?

The market cap of First Acceptance (FACO) is approximately 135.6M.
First Acceptance

OTC:FACO

FACO Rankings

FACO Stock Data

135.59M
0.84%
0.01%
Insurance - Specialty
Financial Services
Link
United States
Nashville

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