Birmingham, Ala.-based property insurer Vesta Insurance Group announced that the New York Stock Exchange will suspend trading the company's common stock (ticker symbol VTA).

The suspension, announced yesterday, will begin with the opening of business on Jan. 5, 2006, or at an earlier date determined by the NYSE at its discretion.

Vesta previously disclosed that on Nov. 9 it received notice from the NYSE that it was considered "below criteria" because its average total market capitalization was less than $75 million over a consecutive 30-trading-day period and its last reported shareholders' equity was less than $75 million.

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