The insurer based in Birmingham, Alabama, said the exchange told Vesta that it no longer met minimum criteria for listing. The company had shareholder equity of less than $75 million and was considered a "late filer" because it hasn't yet filed its 2004 annual report and four quarterly reports.
Vesta said it expects to be quoted on the so-called Pink Sheets under a new symbol. The suspension from the New York Stock Exchange will occur no later than Jan. 5, Vesta said.