The Bermuda-based Max Capital Group Ltd. announced that Max Specialty Insurance Company, a Delaware licensed insurer, is now approved to write business on a non-admitted basis in 49 other states, the US Virgin Islands and Puerto Rico.
Max Specialty’s President and CEO Stephen J. Vaccaro, Jr. commented: “With the addition of Puerto Rico as a jurisdiction in which Max Specialty may write surplus lines business, we have completed our licensing program. We are now able to service clients throughout all the US, in keeping with our role as a leading excess and surplus lines company.”
Max Specialty, the US subsidiary of Max Capital Group Ltd., operates across three divisions: Brokerage, Contract Binding and Marine; offering a variety of Property, Ocean Marine and Inland Marine, Casualty, Excess Liability, Professional Liability and Umbrella insurance products.
Source: Max Capital – www.maxcapgroup.com
Topics USA Excess Surplus
Was this article valuable?
Here are more articles you may enjoy.
‘The Arms Race Is On’: Chubb’s Greenberg on Mythos, Middle East 
Another Appeals Court Balks at Class Action Over Auto Insurers’ ACV Methods 
Commercial Lines Rates Continue to Soften, Says Ivans Index 
Florida Woman Drives Elevated Pickup Over Lamborghini Sports Car in Parking Lot 
