Does Peachtree Casualty Insurance Company Still Sell Insurance?
UPDATED: Mar 18, 2013
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Asked March 18, 2013
Peachtree Casualty Insurance Company is based in Smyrna, Georgia, a suburb of Atlanta. The company is operated as a holding company for the PGIA Holdings Group LLC, and does not sell insurance policies under their own company name any longer. PGIA still sells insurance, however, primarily of a commercial or business nature.
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Peachtree Casualty Insurance Company was founded in Smyrna, GA in 1983. The company's primary focus was on commercial business, including cargo insurance, general liability, workers compensation, and other business related insurance products. The company lists itself as a national provider with a set of "core" states, including Arizona, California, Oregon and Nevada. Outside of those states, customers are referred back to the "core" state which handles the location in question.
Peachtree Casualty Insurance Company is rated under the parent company, not as a standalone company. Under the PGIA name, the company is rated "B" (Fair) by the A.M. Best financial ratings company, with a stable long term outlook of "bb." PGIA was last rated on January 27, 2012, so check their A.M. Best listing before your purchase, as they are due to be reevaluated soon.
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Insurance Products Offered
Peachtree Casualty Insurance Company was, and still is, focused on the business community. Their products are designed for this niche and include commercial auto, garage liability, general liability, commercial property insurance, prize indemnity, workers compensation, and cargo insurance. Neither Peachtree Casualty Insurance Company nor the PGIA group sell private insurance policies to the general public.
Answered March 18, 2013 by Anonymous