Does National Specialty Insurance Company Still Sell Insurance?
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Asked March 12, 2013
The National Specialty Insurance Company is a specialty insurer, focused on commercial insurance products. The company has been in business for more than 40 years and includes the National Specialty Insurance Company and several subsidiaries, operating under the combined name of the State National Companies. Under the State National Insurance name, the company has products available throughout the United States and abroad.
The State National Company was founded in 1973. In 1984, the company changed its name to the State National Insurance Company. The State National Insurance Company acquired the National Specialty Insurance Company in 1999, and in 2006 formed the United Specialty Insurance Company to handle excess and surplus lines of insurance. National Specialty Insurance Company is distributed through dedicated agents rather than independent agents and brokerages.
The National Specialty Insurance Company is rated "A" (Excellent) by the A.M. Best financial ratings company. They were last rated in June of 2012, at which time they were given a stable long term outlook of "a." National Specialty Insurance Company has assets of between 100 and 250 million dollars. The company is thought to have a working surplus of around 12.5 million dollars.
Insurance Products Offered
National Specialty Insurance Company sells a wide range of individual and commercial insurance policies. For the individual consumer, policies include auto (including boats, RVs, ATVs, trucks, and motorcycles), home, and health, and commercial lines of coverage range from fleet coverage to reinsurance.
Answered March 12, 2013 by Anonymous