LAKELAND, Fla. (December 15, 2014)—BusinessFirst Insurance Company, a monoline workers’ compensation company, is excited to announce that it is now offering coverage to employers in Georgia.
Thomas S. Petcoff, president of BusinessFirst states, “We are pleased to begin offering workers’ compensation coverage in Georgia for policies with effective dates of January 1, 2015, or later. Agents and business owners can count on BusinessFirst to be a competitively priced, service-driven workers’ compensation company with attractive dividend plans.”
In addition to Georgia, BusinessFirst is available to employers in Florida, Kentucky, North Carolina, South Carolina and Tennessee.
BusinessFirst Insurance Company and affiliate RetailFirst Insurance Company comprise the RetailFirst Insurance Group. During 2013, the companies reported more than $108 million in combined direct written premium, and as of September 30, 2014, the group insures more than 14,000 businesses and had more than $307 million in total admitted assets and almost $149 million of policyholder surplus.
The group is rated B++ (Good) by A.M. Best Company and has excess of loss reinsurance coverage provided by A+ rated Safety National Casualty Corporation. Day-to-day operations of the group are managed by Summit Consulting LLC, a managing general agent with more than 35 years of experience in workers’ compensation and more than $650 million of workers’ compensation premium under management in the Southeast.
For more information about BusinessFirst, visit businessfirstinsurance.com.