AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, has increased its capacity of excess liability insurance for public entities to $25 million from $15 million.
AIG Specialty Excess will offer the increased capacity of $25 million on all commercial umbrella and excess casualty policies for public entities. The new capacity will be available for not only states, counties and cities, but also educational institutions, transit authorities, utilities and other public agencies.
The $25 million capacity will be available on a broad occurrence-based form.
Source: AIG
Topics Excess Surplus AIG
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
NAIC Victim of Cyber Incident Via PeopleSoft System 
