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Hilltop Holdings Inc

 
Hoover's Profile: Hilltop Holdings Inc.
(NYSE:HTH)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Hilltop Holdings Inc.
200 Crescent Ct., Ste. 1330
Dallas, TX 75201
TX Tel. 214-855-2177

Type: Public
On the web: http://www.hilltop-holdings.com
Employees: 135
Employee growth: (7.5%)

Manufactured housing communities by any other name are no longer called trailer parks, and Hilltop Holdings is no longer Affordable Residential Communities (ARC). In 2007 Farallon Capital Management and partners acquired the majority of Hilltop's business, which comprised 275 residential communities with more than 57,000 home sites in some two dozen states. What's left? Hilltop Holdings is a property and casualty insurance provider that offers coverage for low-value homes through its NLASCO subsidiary. It sells its insurance through some 6,600 independent agents in more than 20 states. NLASCO operates primarily in the southern US through subsidiaries National Lloyds Insurance and American Summit Insurance.

Key numbers for fiscal year ending December, 2008:
Sales: $102.5M
One year growth: (21.9%)
Net income: ($22.6)M

Officers:
Chairman: Gerald J. Ford
President, CEO, and Director: Larry D. Willard
SVP Finance: Darren Parmenter

Competitors:
American Modern Insurance
Foremost Insurance
Republic Companies

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