Accredited Surety and Casualty Company, Inc. (ASC), a subsidiary of Randall & Quilter (R&Q), has entered into an agreement with Forestry Insurance Company of the Southeast to acquire its commercial auto book of business.
Forestry specializes in commercial general liability for niche logging operators in South Carolina and Georgia. ASC will not retain any portion of the business as it will be fully reinsured. ASC anticipates up to $5 million annual gross written premium for this business.
Accredited Surety and Casualty Company, Inc. is a Florida domiciled property and casualty insurance company. It is rated “A- Excellent” by A.M. Best.
Topics Mergers & Acquisitions Auto Commercial Lines Business Insurance
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