21st Century Stops Writing Homeowners

NU Online News Service, Jan. 7, 1:39 p.m.EST?Los Angeles-based 21st Century Insurance Group said ithas ceded its homeowners policies and will cease writing thecoverage in order to focus on its core auto business.

The company said it will no longer write homeowner and renterpolicies, and will refer customers to DirectNet, a CountrywideCredit Industries Inc. subsidiary. Terms of the arrangement werenot announced.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.