The Main Street America Group announced it has received regulatory approval from the Louisiana Department of Insurance to write commercial surety and fidelity bonds in the state. The business will be underwritten through the super-regional carrier’s NGM Insurance Co.
This marks Main Street America’s entry into the Louisiana insurance marketplace.
The company’s surety products are now available via independent insurance agents in 47 states and the District of Columbia, said Brian Beggs, vice president and head of Main Street America’s bonds operation.
Main Street America’s appointed Louisiana independent agents will be able to issue a wide variety of surety products through the company’s proprietary Main Street Station bonds processing system.
Main Street America is based in Jacksonville, Fla.
Source: Main Street America Group
Topics Louisiana
Was this article valuable?
Here are more articles you may enjoy.
Florida Jury Awards Jack Nicklaus $50M in Defamation Suit vs. His Former Company 
Update: Catastrophe Bond Investors Told to Brace for Jamaica Payout 
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot 
Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations 
