Arkansas Insurance Commissioner Allen Kerr has granted a Certificate of Authority to an Indiana-based company to begin selling insurance products in Arkansas.
Kerr has approved American Inter-Fidelity Exchange of Merrillville, Indiana, to sell property/casualty (excluding workers’ compensation), and surety products. The company is a reciprocal insurer wherein all insured’s are members of the exchange, and is currently authorized to write business in ten states.
Primarily a writer of commercial auto business, the company holds an “A-” (Excellent) rating from A.M. Best Company.
This is the 20th insurer approved to do business in Arkansas in 2017 and 55th overall since January 2015.
Source: Arkansas Insurance Department
Was this article valuable?
Here are more articles you may enjoy.
Everton FC Buyer Accused of Fraud, Double-Pledging Assets in Lawsuit 
Berkshire’s Jain on Cyber: ‘The Mindset Should Be You’re Not Making Money’ 
Rising Prices, Low Satisfaction Drive 49% of Customers to Shop For New Auto Insurance 
Worsening Weather Igniting $25 Billion Weather Derivatives Market 
