ASI Lloyds (ASI), of St. Petersburg, FL, reported its entrance into the personal property insurance market in Louisiana. ASI was recently a recipient of the Insure Louisiana Incentive program sponsored by the state. ASI's intention is to write new Homeowners and Dwelling Fire policies in Louisiana in the second quarter of 2008. The company was recently upgraded to an A- (Excellent) Financial Strength Rating by A.M. Best. ASI Lloyds Inc. is a subsidiary of American Strategic Insurance Corp. domiciled in Florida. The ASI group of companies specializes in homeowners insurance and has more than 320,000 policy holders in Florida, Texas and Colorado. The company is also a Write Your Own (WYO) Flood Service Provider nationally. ASI employs 150 people in its St. Petersburg offices.
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