BATON ROUGE, La., Dec. 1, 2010 /PRNewswire/ -- Retailers Casualty Insurance Company, a workers' compensation insurer managed by Summit Consulting Inc., has received all regulatory approvals from the Texas Department of Insurance to begin offering workers' compensation coverage in the state of Texas. Retailers Casualty currently insures more than 2,000 businesses throughout Arkansas, Louisiana and Mississippi and is rated A- (Excellent) by A.M. Best Company.
Retailers Casualty chairman, Carl Carstens, says, "With prudent underwriting, strategically managed assets and outstanding customer service, Retailers Casualty is well positioned to provide Texas employers with a strong workers' comp program option. Texas is an exciting place to do business, and we're optimistic about the possibilities that lie ahead."
Hank Chiles, vice president of Summit's Southwest Region, agrees. "We've always taken the suggestions and thoughts of our agents and insureds seriously, and the idea of expanding our operations into Texas was a recurring theme in our interactions. This expansion opens up many opportunities for us, and our agents and clients, so it's a win-win for everyone. And, we're looking forward to building new relationships with agents and insureds in Texas by providing the excellent service that we are known for."
Agents may quote Texas business with Retailers Casualty for policies with effective dates starting January 1, 2011.
Retailers Casualty is managed by Summit, the people who know workers' comp.® Summit has more than 30 years of experience in workers' compensation and provides underwriting, policy administration, claims management and loss control services to Retailers Casualty policyholders. For more information, visit summitholdings.com.
SOURCE Retailers Casualty Insurance Company