First Acceptance Corporation, incorporated on March 29, 1996, is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. The Company writes non-standard personal automobile insurance in 12 states and licensed as an insurer in 13 additional states. It owns and operates three insurance company subsidiaries: First Acceptance Insurance Company, Inc., First Acceptance Insurance Company of Georgia, Inc. and First Acceptance Insurance Company of Tennessee, Inc. The Company has leased and operated approximately 356 retail locations, staffed with employee-agents. The Company sells non-standard personal automobile insurance products underwritten by the Company. Its employee-agents also sell complementary insurance products. Its underwriting and pricing systems are fully automated. Its claims operation includes adjusters, appraisers, re-inspectors, special investigators and claims administrative personnel.