Meadowbrook Expects No Big Hits from Hurricane Rita

Meadowbrook Insurance Group, Inc. today reported that the company does not expect its net losses related to Hurricane Rita to be material.

Meadowbrook’s insurance programs are generally structured to avoid geographic concentration of risks that might lead to natural or intentionally caused catastrophic events.

Meadowbrook will now report losses associated with Hurricane Rita in tandem with Hurricane Katrina losses for the combined disaster reporting system as required by the States of Florida, Alabama, Mississippi, Louisiana and Texas.

Meadowbrook has added links to its Web site for claimants to establish contact with designated claims personnel for the Company’s insurance company subsidiaries: Star Insurance Company, Savers Property & Casualty Insurance Company, Williamsburg National Insurance Company, and Ameritrust Insurance Corporation.

Meadowbrook, based in Southfield, Mich., is a program-based risk management company specializing in alternative risk management solutions for agents, brokers, and insureds of all sizes.

Topics Catastrophe Natural Disasters Hurricane