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Argonaut Group's Select Markets Announces National Retail Shopping Center Program.


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 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 that its Select Markets segment is expanding its line of products and services to include the retail shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  marketplace. Highlights include specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 benefits such as coordinated policies for comprehensive landlord-tenant liability coverage, signage protection based on actual loss sustained, a 24-hour emergency claims hotline, and access to over fifteen proprietary safety and loss prevention resources tailored to the retail industry. Claims will be handled by seasoned retail specialists familiar with each jurisdiction served.

The program will be administered by Grocers Insurance, a member of Argonaut's Select Markets segment. Grocers Insurance is the leading provider of property, liability, and workers compensation insurance to independent retail grocers nationwide, in addition to offering programs tailored to convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. .

Risks eligible for the program will be characterized by predominantly pre·dom·i·nant  
adj.
1. Having greatest ascendancy, importance, influence, authority, or force. See Synonyms at dominant.

2.
 retail exposure, individual external entrances, and less than $20 million in total insured value at any one location. Select Markets currently is accepting submissions for its retail shopping center program through appointed agents of Grocers Insurance in all states except Alaska, Florida, Hawaii, Louisiana, Mississippi, and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
.

B. Thomas Johns, President of Select Markets, stated, "Retail shopping center exposures have actually been part of the Grocers Insurance market niche for years. Many of our grocery clients own the shopping centers surrounding their locations, so providing a stand alone program for this class of business is a natural extension of our existing offerings. By targeting shopping centers with risk profiles similar to those we insure now, we will be able to leverage our expertise in retail exposures and offer our specialized claims handling and accident prevention services to a broader market segment."

To obtain more information about the Select Markets retail shopping center program, contact David Edison, Senior Vice President of Sales and Distribution, at 503-833-1696.

About Argonaut Group, Inc.

Headquartered in San Antonio, Argonaut Group, Inc. (NASDAQ:AGII) is a national underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite)


UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer.
 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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Publication:Business Wire
Date:Jul 10, 2006
Words:409
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