First Acceptance execs get bigger bonuses

The top executives at Green Hills-based First Acceptance have been awarded a total of almost $850,000 in bonuses by the auto insurer's board. Almost half of that money is going to CEO Mark Kelly, who last year got a bonus of $175,000. In all, the rewards going to Kelly, President Joe Borbely, CFO Brent Gay and operations VP Daniel Walker amount to about 73 percent of their combined annual salaries, more than double the corresponding 2012 ratio. Shares of First Acceptance (Ticker: FAC) are up about 35 percent in the past three months and have more than doubled over the past year.