AssuranceAmerica Corporation Selected by Atlanta Journal-Constitution to Top 100 'Georgia's Best in Business' and 10th Highest in Return on Equity.ATLANTA -- Atlanta based AssuranceAmerica Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ASAM ASAM American Society of Addiction Medicine ASAM Advanced Surface-to-Air Missile ASAM Advanced Services Access Manager ASAM ATM Subscriber Access Multiplexer (Alcatel) ASAM Association for Solidarity with Asylum Seekers and Migrants ) today announced its selection to "Georgia's Best in Business" list. For the twelfth year in a row, PriceWaterhouseCoopers analysts have ranked Georgia's publicly held companies for the Atlanta Journal-Constitution to determine a list of "Georgia's Best" 100. Size alone does not determine ranking although some very large companies like AFLAC AFLAC American Family Life Assurance Company AFLAC American Family Life Assurance Company of Columbus AFLAC Apologies For Lack of Audi Content (Audi listservs) , UPS, Home Depot and Crawford & Co. made the list - all of which were ranked below AssuranceAmerica's overall ranking of 31st best in Georgia. Only nine companies exceeded AssuranceAmerica's tenth place listing for return on equity of 34.43%. Five variables determine whether a company made the top 100. They are (1) revenue, (2) year-over-year revenue change, (3) annual change in profit, (4) return on equity, and (5) change in stock price. President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Lawrence (Bud) Stumbaugh commented, "While we like achieving a higher ranking than some much larger and better known companies, we are most proud of our consistency. Four out of the four years we have been eligible for placement in the top 100 'Georgia's Best in Business', we have made the list. We are grateful to our company associates and our independent agency partners who continue year after year to be motivated beyond mediocrity. It gives us confidence as we face another year of competitive comparisons." AssuranceAmerica focuses on the specialty automobile insurance marketplace, primarily in Alabama, Florida, Georgia, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , Texas, Louisiana, and Mississippi. Its principal operating subsidiaries are TrustWay Insurance Agencies, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("Agency"), which sells personal automobile insurance policies through its 48 retail agencies, AssuranceAmerica Managing General Agency LLC ("MGA (1) (Monochrome Graphics Adapter) A display adapter that employs Hercules Graphics, combining graphics and text on a monochrome monitor. (2) (Matrox Graphics Accelerator) A trade name used by Matrox Graphics Inc. "), which markets the company's insurance products through over 1,500 participating independent agencies, and AssuranceAmerica Insurance Company ("Carrier"). This press release includes statements that may constitute "forward-looking" statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, as discussed in the Company's filings with the U.S. Securities Exchange Commission (SEC). Historical results are not indicative of future performance. |
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