Jan 7, 2009 – Westfield Insurance divests its Delaware personal lines book to The Main Street America Group

The Main Street America Group and Westfield Insurance Announce
Delaware Personal Lines Agreement
Jan 7, 2009 — JACKSONVILLE, Fla. & WESTFIELD CENTER, Ohio–The Main Street
America Group and Westfield Insurance announced today they have reached an
agreement to transfer Westfieldís personal lines business in Delaware to Main Street
America’s NGM Insurance Company.
Westfield entered Delaware in 2000 through the acquisition of Old Guard. In the future,
Westfield will concentrate on growing middle market, small business accounts,
agribusiness (including farm owners) and surety in the state.
“The new business we have obtained from Westfield, representing approximately $7
million in annual premium, builds on our current market share in Delaware and
complements our companyís strategy of achieving scale to be a more effective
competitor in the stateís property and casualty marketplace,” said Doug Eden, senior
vice president, Main Street Americaís field operations.
“We are pleased to offer our attractive personal product lines, flexible pricing and
technology solutions to Westfieldís independent agents and policyholders,” Eden added.
He noted the transfer of personal auto, homeowners and umbrella renewals is targeted
for early second quarter 2009.
Eden also indicated that many of Westfieldís Delaware agents already represent Main
Street America, but several new agent appointments are expected to be made over the
next few months.
Mystic Capital Advisor Group, LLC advised Westfield on the transaction.
About The Main Street America Group
With roots dating back to 1923, The Main Street America Group is a super regional
insurance company that operates five property-casualty insurance carriers: NGM
Insurance Company, Old Dominion Insurance Company, Main Street America
Assurance Company, MSA Insurance Company and Great Lakes Casualty Insurance
Company. Based in Jacksonville, Fla., Main Street America offers a wide range of
commercial and personal insurance products, and fidelity and surety bond products, to
individuals, families and businesses.
With more than $850 million in direct premium written exclusively by nearly 1,200
independent insurance agents, Main Street America insures more than 500,000
policyholders in 22 states. The 85-year-old company has regional offices in
Jacksonville; Keene, N.H.; Richmond, Va.; Syracuse, N.Y., and Grand Rapids, Mich.,
and a claims reporting center in Auburn, Mass. A.M. Best Company rates The Main
Street America Group as an “A” (Excellent) due to its financial strength. The Main Street
America Group is the founding company partner of Trusted ChoiceÆ, the global
branding program of the Independent Insurance Agents & Brokers of America. For more
information about The Main Street America Group, please visit www.msagroup.com.
About Westfield Insurance
Westfield Insurance is a regional property and casualty insurance company founded in
1848 and headquartered in Westfield Center, Ohio. One of the 50 largest property and
casualty insurance companies and rated A (Excellent) by A.M. Best, Westfield is
represented by a network of more than 1,200 independent insurance agencies. Learn
more about Westfield Insurance at www.westfieldinsurance.com.