Westminster American Insurance Company News

AM Best Reviews Westminster American Following Return of Previous Owner

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Westminster American Insurance Co. AM Best assigned an outlook of stable …

Maryland’s Westminster American Insurance Company Hires Whelan

Westminster American Insurance Company (WAIC) has hired David Whelan as vice president of underwriting. In this new role, Whelan brings 31 years of commercial lines experience to the team. He joins WAIC from GNY Insurance Companies, where he was a …

NI Holdings Completes Acquisition of Maryland’s Westminster

NI Holdings Inc. has completed its previously announced acquisition of Westminster American Insurance Company from private shareholders on January 1, 2020. The acquisition of Westminster further diversifies NI Holdings’ portfolio of products geographically and by line as additional commercial multi-peril …

NI Holdings Agrees to Purchase Maryland’s Westminster American Insurance Company

NI Holdings Inc. has signed a definitive agreement to purchase 100 percent of the issued and outstanding stock of Westminster American Insurance Company from private shareholders. Westminster American is headquartered in Owings Mills, Md., and underwrites commercial multi-peril insurance in …