Thursday, July 3, 2008

Max Specialty Insurance Now Active in Colorado

Stephen Vaccaro, Jr., president and CEO of Max Specialty Insurance Company, an excess and surplus lines company headquartered in Richmond, Virginia, announced that, with the addition of Colorado, Max Specialty is now an eligible surplus lines insurer in a total of 48 states.

Vaccaro said: "The addition of Colorado as a state in which Max Specialty may now write surplus lines business is a further step toward our goal of establishing Max Specialty as a leading U.S.-based excess and surplus lines company. We are seeking approval as an eligible surplus lines insurer in New Hampshire, the only state in which we are currently unable to transact business."

Max Specialty is licensed as an admitted insurer in Delaware and is a subsidiary of Max Capital Group Ltd.

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