First Acceptance Corporation

Type: Public
On the web: http://www.firstacceptancecorp.com
Employees: 1,225

First Acceptance sells car insurance to customers wanting to stay on the right side of the law. A personal auto insurer operating in about a dozen states, First Acceptance specializes in providing non-standard auto insurance -- that is, insurance for drivers who have trouble getting coverage because of poor driving records or payment histories, but who must have the minimum coverage required by state laws. First Acceptance sells its policies, branded Acceptance Insurance, through about 430 retail offices staffed by its own employees. Chairman Gerald Ford owns one-third of the company.

Key numbers for fiscal year ending June, 2008:
Sales: $332.4M
One year growth: (4.4%)
Net income: ($17.8)M

Officers:
Chairman: Gerald J. Ford
CEO and Director: Stephen J. (Steve) Harrison
President: Insurance Brokers

Competitors:
Direct General
GEICO
Infinity Property & Casualty

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FAC may mean:

• FAC, a prefix to all items in the Factory Records Catalogue
• FA Cup, the main "knockout" cup competition in English football
• Famalicense Atlético Clube, a sports club from Vila Nova de Famalicão, Portugal
• Fast Attack Craft, a small fast ship for offensive tasks
• Federal Audit Clearinghouse, a government office within the U.S. Office of Management and Budget.
• Fellow of the Atlantic Council, the Atlantic Councils are concerned with fostering Atlantic Community relations.
• First Amendment Center, an advocacy group for U.S. Constitutional Rights.
• Flow Accelerated Corrosion, a corrosion mechanism in which a normally protective oxide layer on a surface dissolves in fast flowing water
• Foreign Affairs Canada, a department of the government of Canada with responsibility for foreign policy and diplomacy
• Forward air control, a qualified individual who directs the action of military aircraft engaged in close air support of land forces
• Spanish acronym for Fuerza Aerea Colombiana
• the former Forces Armées Congolaise, the Congolese Armed Forces during Mobutu's rule (see Military of the Democratic Republic of the Congo)

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