Stephen Vaccaro, Jr., president and chief executive officer of Max Specialty Insurance Company (www.maxspecialty.com), an excess and surplus lines company headquartered in Richmond, Virginia, announced that, with the addition of Louisiana, Max Specialty is now an eligible surplus lines insurer in a total of 46 states. "The addition of Louisiana 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 continuing to seek approval as an eligible surplus lines insurer in other states," Vaccaro said. Max Specialty is licensed as an admitted insurer in Delaware and is a subsidiary of Max Capital Group Ltd. Max Specialty, the excess and surplus lines platform of Max Capital Group Ltd., operates across three divisions: Brokerage, Contract Binding and Marine, offering property, ocean and inland marine, casualty, excess liability and umbrella insurance products.
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