ProCentury Corp. Files Registration Statement for Initial Public Offering

ProCentury Corporation (ProCentury) has filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common shares. ProCentury is a specialty property and casualty holding company that markets and underwrites general liability, commercial property and multi-peril insurance for small and mid-sized businesses.

The sole managing underwriter for the offering is Friedman, Billings, Ramsey & Co., Inc. When available, a written preliminary prospectus related to the offering may be obtained from Friedman, Billings, Ramsey & Co., Inc., 1001 19 th Street North, Arlington, Va., 22209.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

ProCentury is the parent company of Century Insurance Group which is headquartered in Columbus, Ohio, with a regional office in Phoenix.