Standard Diversified Inc., through its subsidiaries, engages in the insurance, other tobacco products, and outdoor advertising activities in the United States. It operates through five segments: Smokeless Products, Smoking Products, NewGen Products, Insurance, and Other. The Smokeless Products segment manufactures and markets moist snuff; and contracts for and markets chewing tobacco products. The Smoking Products segment imports and markets cigarette papers, tubes, and related products; imports and markets finished cigars, make-your-own cigar tobaccos, and cigar wraps; and processes, packages, and markets pipe tobaccos. The NewGen products segment markets e-cigarettes, e-liquids, vaporizers, and other related products; distributes a range of vaping products to non-traditional retail outlets through VaporBeast, Vapor Shark, Vapor Supply, and IVG; and distributes a range of vaping related products to individual consumers through Vapor Shark, Vapor World, and VaporFi branded retail outlets, as well as online platforms. The Insurance segment offers auto and homeowners property and casualty insurance. The Other segment provides out-of-home advertising services, including advertising space to customers on its physical billboards or other outdoor structures. As of December 31, 2018, it owned and operated 394 billboard faces located across Alabama, Florida, Georgia, and Texas; and leased and operated 3 billboard faces in South Carolina. The company distributes its smokeless and smoking products primarily through wholesale distributors; and NewGen products primarily through e-commerce. The company was formerly known as Standard Diversified Opportunities Inc. and changed its name to Standard Diversified Inc. in April 2018. Standard Diversified Inc. was founded in 1990 and is headquartered in Mineola, New York.