non-standard auto insurance News

AM Best Downgrades Casualty Underwriters Insurance in Utah

AM Best downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bbb-” (Good) of Casualty Underwriters Insurance Co. in Salt Lake City, Utah. The outlook of the ratings …

New Value Insurance MGA Offering Non-Standard Auto in Alabama

Value Insurance MGA, a new Birmingham, Ala., domiciled managing general agent specializing in non-standard auto insurance, is now offering a personal lines auto product in the state. Value MGA founder Daniel Feigenbaum has tapped Paul G. Gabe Jr., previous president …

Signs Point to Better New Year for Nonstandard Auto Insurance Market

There are initial signs that the private passenger nonstandard automobile segment is beginning to improve after years of unfavorable results, including continued premium growth in 2017 and through mid-year 2018, according to A.M. Best. Best’s Market Segment Report, “Early Signs …

Georgia-Based Auto Insurer Access Insurance To Be Liquidated

Insurance regulators in the Southeast are notifying policyholders in their states of a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that is to be liquidated after being placed in receivership. Access Insurance Co. is primarily a provider of non-standard auto insurance licensed …

Texas Moves to Liquidate Non-Standard Auto Insurer, Access

Texas insurance regulators placed into receivership and started the process of liquidating a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that the insurance department says is insolvent. Access Insurance Co. is primarily a provider of non-standard auto insurance and is licensed in …

Confie Acquires Texas Auto Insurance Agency

Confie, a national provider of personal and commercial lines insurance, has acquired Hulme Corp., dba Alamo Auto Insurance of East Texas. Founded in 2001 and based in Tyler, Texas, Alamo Auto focuses on providing non-standard auto insurance. California-based Confie has …