For immediate release
October 27, 2008 |
General Star Contact:
Joe Majsak, SVP
Stamford, CT, USA
203 328 6416
Joe.Majsak@generalstar.com |
Stamford, CT, October 27, 2008 … General Star Management Company is pleased to announce the launch of its primary commercial auto Taxi Liability program which will be initially available in the states of Colorado, Virginia and New Jersey. The program will be offered through AequiCap Program Administrators and its affiliate, TransPro Solutions Inc., both of which are headquartered in Fort Lauderdale, Florida. Expansion of the program to additional states through AequiCap and TransPro is planned for the near future.
Coverage will be written on an admitted basis through General Star National Insurance Company, which is rated A++ (Superior) by A.M. Best Company and carries a AAA Insurance Financial Strength Rating from Standard & Poor's.
“The launch of the Taxi Liability program expands General Star's reach into a new segment of the auto market, while providing needed security to the market,” said Patricia H. Roberts, President and Chief Executive Officer of General Star.
For more information please contact AequiCap at 800 417 4583 or 954 493 6565. ***
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General Star National Insurance Company and General Star Management Company are subsidiaries of General Reinsurance Corporation, which is owned by Berkshire Hathaway Inc. General Star National Insurance Company is licensed in all states except Connecticut, where it is an eligible surplus lines insurer. Insurance is placed with the General Star companies by licensed wholesale brokers and, for risks that qualify, by licensed surplus lines brokers. General Star National Insurance Company is rated A++ (Superior) by A.M. Best Company, and has a AAA Insurance Financial Strength Rating from Standard & Poor's. Not all coverages described above are available in all states.
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