Specialty Underwriters’ Alliance, Inc. has signed a new contract with Westchester, Ill.-based American Patriot Insurance Agency, Inc., a wholesale agency that specializes in roofing contractors. American Patriot provides commercial general liability and commercial auto liability both directly and through retail brokers. It will focus initially on fourteen states in the central and southern regions.
Courtney Smith, president and chief executive officer of SUA, stated, “American Patriot provides a great opportunity to market to the small to medium roofing industry. They are owned by the same principals as ABC Supply Company, the largest roofing materials supplier in the country. We anticipate American Patriot will begin writing business in the first half of 2006 and are excited about our partnership.”
In conjunction with the partner agent contract, American Patriot has agreed to purchase $1 million of SUA’s Series B common stock.


Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case


