BusinessFirst Insurance Co. has received all regulatory approvals from the Indiana Department of Insurance to begin offering workers’ compensation insurance coverage in the state, the company announced.
Appointed agents may quote Indiana business with BusinessFirst for policies with effective dates starting Oct. 1, 2018.
Florida-based BusinessFirst also does business in Georgia, Kentucky, North Carolina, South Carolina and Tennessee and is rated B++ (Good) with Positive Outlook by A.M. Best.
BusinessFirst and affiliate RetailFirst Insurance Co. comprise the RetailFirst Insurance Group. During 2017, the group reported more than $135 million in combined direct written premium, and as of June 30, 2018, the Group had more than $359 million in total admitted assets and more than $180 million of policyholder surplus. The Group is rated B++ (Good) by A.M. Best and has excess of loss and terrorism reinsurance coverage through A or higher rated reinsurers.
Source: BusinessFirst Insurance Co.
Topics Workers' Compensation Oklahoma
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