Affirmative Insurance Holdings reports $692,943 net loss for December

By Mark Reccek

Bethlehem, Pa., Jan. 21 – Affirmative Insurance Holdings, Inc. posted a net loss of $692,943 for December on $12,347 in revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

For December, the company also reported a $156,350 operating loss.

The company also had $10 million in cash and cash equivalents as of Dec. 31.

Affirmative Insurance is a Burr Ridge, Ill.-based producer and provider of personal non-standard automobile insurance policies to individual consumers. The Chapter 11 case number is 15-12136.

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