AssuranceAmerica acquires assets of Florida no-fault agency.Nonstandard non·stan·dard adj. 1. Varying from or not adhering to the standard: nonstandard lengths of board. 2. automobile insurer AssuranceAmerica Corp. has acquired the assets of Tampa No-Fault Insurance no-fault insurance, type of indemnity plan, usually applied to automobile coverage, in which those injured in an accident receive direct payment from the company with which they themselves are insured. Agency, the company said. Tampa No-Fault is a retail insurance agency in Tampa, Fla., that produces more than $3 million in annual premium volume with an emphasis on nonstandard auto, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Assurance America. The acquisition price wasn't disclosed. Assurance America said the expansion is part of its "strategy of geographical diversification." |
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