Fremont Michigan InsuraCorp, Inc. said it has closed on a $7 million unsecured line of credit with The Huntington National Bank.
The company does not need to access the credit for any reason immediately, according to Richard E. Dunning, president and CEO. However, the insurer is expanding into Wisconsin and Indiana and the ability to access this new credit line will support these efforts, he said.
Fremont Michigan InsuraCorp, Inc. is the holding company for Fremont Insurance Co., a Michigan property/casualty insurance carrier.
Topics Michigan
Was this article valuable?
Here are more articles you may enjoy.
MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement 
Longtime Motel 6 Spokesman Tom Bodett Settles Lawsuit Against Chain 
Cloudy Future for Bourbon Has Jim Beam Closing Distillery for a Year 
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’ 
