AIG Commercial Insurance will service all casualty insurance coverage for the public sector through its Lexington Insurance Co., the insurer announced.
Specifically, effective as of Jan. 1, 2009, Lexington’s Casualty Division will manage the public entity commercial umbrella and excess casualty portfolio of AIG Specialty Excess, a division of AIG Excess Casualty, which along with Lexington specializes in addressing the risks of public entities, utilities and transit agencies.
The company said the change streamlines access to excess casualty insurance through a centralized underwriting and claims resource for clients and brokers. Lexington, and other AIG Commercial Insurance units, offer workers’ compensation, excess workers’ compensation, environmental, property, construction, auto liability, executive liability and accident and health programs for public entities.
Source: AIG Commercial Insurance