A subsidiary of 21st Century Holding Co. (Nasdaq:TCHC) has received approval from the Florida Office of Insurance Regulation to market and underwrite commercial general liability insurance.
American Vehicle Insurance Co. will offer an artisan commercial general liability program in the Southeastern states through its , of Fort Worth, Texas.
Thomas J. Spitalny, president of American Vehicle, said, the company will now be able to better accommodate a larger standard and non-standard commercial marketplace.
The company underwrites general liability coverage as an admitted carrier in the states of Alabama, Louisiana and Texas for more than 300 classes of business, including special events. It is approved to operate as a surplus lines/non-admitted carrier in the states of Arkansas, California, Georgia, Kentucky, Maryland, Missouri, Nevada, Oklahoma, South Carolina, Tennessee, and Virginia and offering the same general liability products.
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