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Upcoming American Equine Program Changes

    If you have an active policy with American Equine Insurance Group, Ltd. with an effective date of November 29 or later, you will be receiving a notice from Diamond State Insurance Company (the writing company for American Equine) advising that your policy has been non-renewed.  As indicated in the notice, the reason for nonrenewal is that Diamond State insurance company is exiting the equine insurance program business.  This is not a reflection of any individual consideration of your account.

    Earlier this month, American Equine announced that beginning in the fall of 2016, they will be transitioning all of their equine business over to a new program written through Argonaut Insurance Company. Argonaut Insurance Company is an A.M. Best "A" rated insurance company; a member of the international insurance entity operating as Argo Group Holdings International, Ltd., which has a financial size category of XII ($1 billion to $1.25 billion). They are a well-established, highly respected insurance entity. AIC’s NAIC # is 19801.

    Click on this link for a copy of the press release that AMerican Equine sent to its agents on September 6.  As always, you may call our office at (800) 723-9414 if you have any other questions about this transition or how this change may impact your insurance coverage when it renews.