AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, has increased its capacity of excess liability insurance for public entities to $25 million from $15 million.
AIG Specialty Excess will offer the increased capacity of $25 million on all commercial umbrella and excess casualty policies for public entities. The new capacity will be available for not only states, counties and cities, but also educational institutions, transit authorities, utilities and other public agencies.
The $25 million capacity will be available on a broad occurrence-based form.
Source: AIG
Topics Excess Surplus AIG
Was this article valuable?
Here are more articles you may enjoy.
New York’s Mid-Hudson Insurance to Acquire Hanover Fire of Pennsylvania 
World’s Growing Civil Unrest Has an Insurance Sting 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Kansas Man Sentenced for Insurance Fraud, Forgery 
