Superior National Insurance Group Inc. reached an agreement with the California Department of Insurance (CDI) and certain affiliates of the Kemper Insurance Group under which the conservation of Superior’s insurance companies and Superior’s reorganization efforts will continue simultaneously. Through this agreement, the transition of Superior’s prior insurance underwriting operations to Kemper and the CDI was accomplished. In addition, Superior’s insurance servicing operations, conducted through SN Insurance Services Inc. (SNIS) and SN Insurance Administrators Inc. (SNIA), were separated from Superior’s prior underwriting operations. As a result, SNIA and SNIA can now continue their operations under Superior National control.
Was this article valuable?
Here are more articles you may enjoy.
Rhine River Shipping Stalls as Water Level Hits Record Low 
Delta Probing Unauthorized Wi-Fi on Flight After Hacker Event 
AI’s Volatile Power Demand Is Damaging Its Own Data Centers 
Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return? From This Issue
