Kesner is the associate dean of faculty and research and the Frank P. Popoff chair of strategic management at the Indiana University Kelley School of Business in Bloomington, Ind.
Main Street America's commercial lines business, led by Peeters, achieved a very profitable 88.5 combined ratio. Commercial lines accounts for 55 percent of the company's total written premium.
By providing third-party access, Main Street America will enable law firms, business associations and other organizations that generate large volumes of bonds on a regular basis to reduce their transaction and mailing costs.
Peeters took over for The Main Street America Group's former vice president of commercial lines, Pippins, who moved to become president of Main Street America's Midwest region.
Privately held Jacksonville, Fla.-based insurer The Main Street America Group said full-year net income rose 83 percent, primarily based on improvements in its investment portfolio.
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.
Jacksonville, Fla.-based insurer The Main Street America Group said it has completed its acquisition of Great Lakes Casualty Insurance Company, a Michigan-domiciled private passenger auto insurance ca