21st Century Insurance Group is continuing its expansion as a national company, now offering auto insurance in Florida, Georgia and Pennsylvania as of Wednesday.
The Woodland Hills company (NYSE: TW) is a direct-to-consumer provider of auto insurance, much like GEICO and Progressive. Customers buy their policies directly from the company, instead of going through an insurance agent.
As part of its growth strategy, 21st is launching its first-ever national television advertising campaign. The company will be advertising on 27 cable channels, including USA, TNT and FOX News Channel.
With $1.4 billion of revenue in 2005, the company insures over 1.5 million vehicles. In addition to the three new states, the company's services are available in Arizona, California, Illinois, Indiana, Nevada, Ohio, Oregon, Texas and Washington.
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