Icc Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021 at 08:08 pm EDT
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ICC Holdings, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 14.686 million compared to USD 14.623 million a year ago. Net income was USD 562,668 compared to USD 781,965 a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.26 a year ago. For the half year, total revenue was USD 28.646 million compared to USD 24.929 million a year ago. Net income was USD 1.724 million compared to net loss of USD 1.191 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to basic loss per share from continuing operations of USD 0.39 a year ago.
ICC Holdings, Inc. is a specialty insurance carrier company. The Company is primarily engaged in underwriting commercial multi-peril, liquor liability, workersâ compensation, and umbrella liability coverages for the food and beverage industry through its subsidiary insurance company, Illinois Casualty Company (ICC). ICC writes business in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, Pennsylvania, Utah, and Wisconsin and markets through independent agents. The Company primarily market its products through a network of 184 independent agents in the states that the Company writes in. ICC also writes workersâ compensation and commercial umbrella policies. Its subsidiaries include ICC Realty, LLC, Beverage Insurance Agency, Inc., Estrella Innovative Solutions, Inc., and Southern Hospitality Education, LLC.
ICC HOLDINGS, INC. 
