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September 13, 2004

Ivan seen missing central Florida, boosting insurer's stock

Shares of 21st Century Holding Co. rose sharply Monday on news that Hurricane Ivan will likely miss central Florida, where the property and casualty insurer holds most of its policies.

In afternoon trading, shares of 21st Century jumped $1.83, or 20 percent, to $11.10 on the Nasdaq Stock Market.

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Posted by Tom Troceen