Appetites For New Program Biz Sated At Scottsdale, SAFECO
Unlike recent defections from the specialty program business market, neither Scottsdale Insurance Company nor SAFECO have made wholesale pullouts from the market. But the appetites of both carriers for programs brought to them by managing general agents are weaker than they once were, representatives told National Underwriter recently.
“With the market hardening as it has, along with some results that were less than stellar in 2000, we made the conscious decision that we were going to focus on the business that we felt we knew the best,” said Gary Tiepelman, senior vice president for Scottsdale.
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