The Main Street America Group said it has reached an agreement to acquire Indianapolis-based Grain Dealers Mutual Insurance Co. Financial terms were not released.
The Main Street America Group has launched its Personal Auto MVP in New York, Virginia, Michigan, and Rhode Island. The product is now available in 13 states. The rating program is based on
On a national scale, the broader excess and surplus lines market is also positioned in a great place to meet some challenges that have confronted it in past years--in part as the result of efforts of
Frustration with a local wholesale broker in his Louisiana hometown was one of the sparks that set NAPSLO's incoming president--then a retail agent--on a course to build a wholesale brokerage and
Frustration with a local wholesale broker in his Louisiana hometown was one of the sparks that set NAPSLO's incoming president--then a retail agent--on a course to build a wholesale brokerage and
On a national scale, the broader excess and surplus lines market is also positioned in a great place to meet some challenges that have confronted it in past years--in part as the result of efforts of
The Main Street America Group is expanding to the Midwest and will acquire Michigan-based Great Lakes Casualty Insurance Co. from Newco Financial Holdings Inc. The transaction was approved by the boards of directors of both companies, is subject to
In 2007, Great Lakes generated approximately $9.5 million in direct written premium and has more than 6,300 policyholders throughout the state, Main Street America said. The company numbers 12 employe
Chief Financial Officer Alex Sink is on a mission to point out that the state's current reliance on the Florida Hurricane Catastrophe Fund borders on the unrealistic and it's time to start reining in
The E&S marketplace has had a heady run in the last decade, growing to nearly $38.7 billion in premium in 2006 from $9.2 billion in 1996, according to A.M. Best. Over the same period, its share of the commercial-lines market rose to 14.37% from