Company History

Company History

State National Companies operates throughout the United States and divides our business into two key areas: Lender Services, which specializes in collateral protection insurance, and Program Services, which provides a bridge between unique market opportunities and reinsurance capacity.

State National Companies was founded in 1973. In 1984, State National Insurance Company (SNIC) was formed. The company acquired its third affiliate, National Specialty Insurance Company (NSIC) in 1999, and in 2006, State National formed United Specialty Insurance Company (USIC), which handles excess and surplus lines.

Insurance company affiliates SNIC, NSIC, and USIC are rated 'A' (Excellent) by A.M. Best, the insurance industry’s recognized, independent rating organization. This rating has been maintained since SNIC was first eligible for its rating affirming a strong capital structure and excellent operating performance.

State National Companies currently writes over $600 million in premium and employs a staff of over 350 at our headquarters in Bedford, Texas, with additional staff located throughout the country.