Cincinnati Insurance Co. Enters N.M.

Cincinnati Financial Corp. recently announced that its lead property casualty subsidiary, The Cincinnati Insurance Co., has launched operations in New Mexico on September 27th with the appointment of its first independent agency in that state.

Albuquerque-based Western Assurance Corp. was selected to bring Cincinnati’s insurance products and services to its business clients. Cincinnati Insurance executives met at the company’s headquarters with Christopher S. Williams, CIC, president of Western Assurance, to initiate the relationship.

The agency appointment is the first of several that the company expects to make in New Mexico over the coming months, the written statement said. Earlier in 2007, Cincinnati appointed its first agencies in Washington and northern Idaho and added marketing territories to its operations in North Carolina. With the addition of New Mexico, the company now has 105 field marketing representatives living and working in its agents’ communities across 34 states. By the end of the year, Cincinnati plans to add two additional marketing territories in New York State.

Cincinnati Financial Corp. offers property and casualty insurance through The Cincinnati Insurance Co., The Cincinnati Indemnity Co. and The Cincinnati Casualty Co.

Source: Cincinnati Financial Corp.