American Modern Insurance Group, a wholly owned specialty insurance subsidiary of The Midland Co., has finalized its agreement with GuideOne Insurance to reinsure and service Des Moines, Iowa-based insurer’s motorsports products, with plans to migrate the business to their own paper within the next 18 months.
The companies struck a tentative agreement in August to provide uninterrupted service to agents and policyholders in GuideOne’s motorcycle, watercraft and snowmobile lines after GuideOne announced plans to phase out its motorsports products. Once appropriate contracting and licensing requirements are met, the motorsports products will be available to current American Modern agents.
Was this article valuable?
Here are more articles you may enjoy.
Georgia, Florida Insurers Facing New Scrutiny, Regulations After Election 
Two Dead at Tampa Office After Man Drove Car into Building and Started Shooting 
Delta Air Lines Must Face Lawsuit Over ‘Window Seats’ With No Windows 
Man Group Found Liable by Judge for ‘Breathtaking’ Kuwaiti Bribery 
