21st Century Holding Co. (Nasdaq:TCHC) reported results for the quarter ended June 30, 2011 (see attached tables). Highlights include: Substantial reduction of their net operating loss, The continued beneficial effect of prior rate increases on results of operations, Improved underwriting results; loss ratio improves to 67.0% from 93.6% in second quarter 2010, A significant 14% reduction in operating expenses from merger of insurance subsidiaries, A 13.9% rate increase from the Florida Office of Insurance Regulation on homeowner assumption policies, effective on August 21st & A 16% reduction in estimated reinsurance costs going forward from July 1, 2011 as a result of disciplined exposure management.


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