Argonaut Group's Colony Announces Programs for Hearth, Patio & Barbecue Association and National Chimney Sweep Guild in Association with Stratus Insurance Services.RICHMOND, Va. -- Colony, a member of the Excess and Surplus Lines segment of Argonaut Group, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AGII), announced today a strategic arrangement with Stratus stratus: see cloud. (Stratus Technologies, Maynard, MA, www.stratus.com) A manufacturer of fault-tolerant computers founded in 1980. It supports both the VOS and FTX Unix operating systems on its XA/R line of i860-based systems. Insurance Services to offer general liability, limited professional liability, inland marine, and property insurance products on an exclusive basis to members of two national trade and professional associations. The Hearth, Patio & Barbecue Association (HPBA HPBA Hearth, Patio & Barbecue Association HPBA Hopping Pilot Beacon ) represents over 2,000 manufacturers, retailers, distributors, installers and service providers with business interests related to these industries. The National Chimney Sweep Guild The National Chimney Sweep Guild (NCSG) is a non-profit trade association for chimney sweeps and chimney and venting manufacturers in the United States and Canada. It has approximately 1,100 member companies. (NCSG NCSG National Chimney Sweep Guild NCSG National Congress of State Games (Colorado Springs, Colorado) NCSG North Carolina Sea Grant NCSG North Carolina Senior Games NCSG Newcastle Construction Safety Group ) represents 2,600 members who provide services in the chimney Chimney A vertical hollow structure of masonry, steel, or reinforced concrete, built to convey gaseous products of combustion from a building or process facility. and venting industries. Both associations strongly endorse member-benefit programs, including this comprehensive insurance product provided by Colony. The program will be insured by Colony Insurance Company, A.M. Best "A" (Excellent) rated, with underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. services provided by Stratus. Dale H. Pilkington, President of Colony, stated, "Stratus has been an exceptional partner with us in our association business segment, and their knowledge and experience allowed us to develop the customized insurance products and coverage needed by members of the HPBA and NCSG. We look forward to expanding our relationship with Status to serve these two national associations." About Stratus Insurance Services Stratus Insurance specializes in homogeneous or association-base product liability insurance programs, or very unique classes or books of business. Stratus Insurance began focusing its energy on specialty program business and product liability insurance in 2002. Since then, Stratus Insurance has been involved in the creation and ongoing administration of over 20 different association-based and Risk Purchasing Group programs. Information about Stratus is available at www.stratusins.com. About Argonaut Group, Inc. Headquartered in San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. , Argonaut Group, Inc. (NASDAQ:AGII) is a national underwriter of specialty insurance products in niche areas of the property and casualty market, with approximately $3.4 billion in assets. Through its insurance subsidiaries, Argonaut Group offers a full line of high quality products and services designed to meet the unique coverage and claims handling needs of businesses in three primary segments: Excess and Surplus Lines, Select Markets, and Public Entity. Members of Argonaut Group include Colony, Argonaut Specialty, Rockwood, Great Central, Grocers Insurance, Trident, and Argonaut Insurance. Information on Argonaut Group and its subsidiaries is available at www.argonautgroup.com. |
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