MGA Firm to Represent State National Specialty Insurance in Florida

Assurance Managing General Agents, a subsidiary of 21st Century Holding, says it has entered into a relationship with State National Specialty Insurance Company to underwrite and manage their automobile insurance product in the state of Florida.

"This carrier has extremely competitive rates and will provide our agency force with a strong tool as we move into the future," said Edward Lawson, president and CEO of 21st Century Holding Company. "We have positioned our organization to provide consumers with the best possible alternatives as they shop for insurance and State National Specialty will play a big role in our strategy."

Assurance Managing General Agents currently underwrites business for many insurance carriers such as Federated National Insurance Company, American Colonial Insurance Company and Coastal Insurance Company. "We clearly have a niche in the automobile and mobile home lines and will be looking to expand into other profitable business in this state and others," says Richard Widdicombe, president of Assurance Managing General Agents.

Widdicombe continued, "Look for our homeowners program to be introduced in the first quarter of 2000. Like many major companies, we've devoted significant resources to stay ahead of the improved technology and our advantage comes from the dedicated staff of professionals who just want to succeed."