21st Century Holding Company's (TCHC) Subsidiary Agreement With the State National Companies Approved by Florida's Office of Insurance Regulation
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American Vehicle Insurance Company, a wholly-owned subsidiary of 21st Century Holding Company (Nasdaq: TCHC) announced that it received approval from the Florida Office of Insurance Regulation to enter into a reinsurance relationship allowing American Vehicle the opportunity to market and underwrite commercial general liability insurance through the State National Group of Companies, of Fort Worth, Texas, ("State National"), a company that has an "A" rating with A.M. Best Company, Inc. ("A.M. Best"). This agreement will enable American Vehicle to immediately deploy an A.M. Best rated artisan commercial general liability program in the Southeastern states.
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