Western National Insurance Group announced plans yesterday to launch a new property-casualty insurance company focusing on business lines.
The company explained that it currently has a wholly-owned company shell, Pioneer Insurance Company, which will be renamed Pioneer Specialty Insurance Company and, after appropriate capitalization, will write classes of commercial business in the first quarter of 2008.
Edina, Minn.-based WNIG said the new company will be led by Brian A. Jermeland, with the title of senior vice president and general manager.
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