Buffalo, N.Y.-based Merchants National Insurance Company, a wholly-owned excess and surplus lines subsidiary of Merchants Insurance Group, began accepting new business on Feb. 1, 2009. The company reported as of that date it has been approved in 10 states.
The new company targets franchised hotels and motels, and writes the business in conjunction with Southern Hospitality Underwriters, a Georgia-based independent full-service wholesale brokerage agency that specializes in business insurance for the hotel industry.
As of Feb. 1, Merchants National received approval to write business in Alabama, Georgia, Louisiana, Michigan, Mississippi, North Carolina, Ohio, Pennsylvania, Texas and Vermont.
Source: Merchants National Insurance Company
Topics Excess Surplus Oklahoma
Was this article valuable?
Here are more articles you may enjoy.
The $3 Trillion AI Data Center Build-Out Becomes All-Consuming for Debt Markets 
Chubb CEO Greenberg on Personal Insurance Affordability and Data Centers 
Q4 Global Commercial Insurance Rates Drop 4%, in 6th Quarterly Decline: Marsh 
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
