State National Companies is a holding company. Through its subsidiaries, Co. is engaged as a specialty provider of property and casualty insurance. Co.'s Program Services segment provides issuing carrier capacity to both specialty general agents and other producers, who sell, control, and administer books of insurance business that are supported by third parties that assume reinsurance risk. Co.'s Lender Services segment provides collateral protection insurance (CPI) to its credit union, bank and specialty finance clients. Lenders purchase CPI to provide coverage for automobiles or other vehicles of borrowers who do not uphold their obligation to insure the collateral underlying the loan.

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