Grain Dealers Mutual Insurance CompanyĪn affiliate of Main Street America Insurance, personal and commercial products are written through Grain Dealers Mutual in Indiana, Mississippi, North Carolina, Oklahoma, Tennessee and Virginia.And Endurance Worldwide Insurance Limited. (" Endurance U.K.") (each, a " Designated Subsidiary" and collectively, the " Designated Subsidiaries") has been duly incorporated or organized and is validly existing as a company or corporation in good standing under the laws of the jurisdiction of its incorporation or organization and has the necessary corporate power to own, lease and operate its properties and to conduct its business as described in the Prospectus and is duly qualified as a foreign corporation to transact business and is in good standing in each jurisdiction in which such qualification is required, whether by reason of the ownership or leasing of property or the conduct of business, except where the failure so to qualify or to be in good standing would not result in a Material Adverse Effect except as otherwise disclosed in the Registration Statement, all of the issued and outstanding share capital or capital stock of each such Designated Subsidiary has been duly authorized and validly issued, is fully paid and non assessable and is owned by the Company, directly or through subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance, claim or equity none of the outstanding shares of share capital or capital stock of any Designated Subsidiary was issued in violation of the preemptive or similar rights of any securityholder of such Designated Subsidiary. Austin Mutual Insurance CompanyĪustin Mutual provides personal and commercial products in 19 Midwest and Western States. In addition, Main Street America Insurance’s Personal Auto MVP (Multivariate Program) rating model is written with Old Dominion in many of the states where the pricing model is offered. Personal and commercial products in Georgia, as well as commercial products in Florida, are written with the Old Dominion Insurance Company. A complete line of personal and commercial products and services are written with NGM for Main Street America Insurance throughout New England, the Northeast, Mid-Atlantic, Southeast and Southwest and West. NGM Insurance Company, a Florida-domiciled stock insurance company, is Main Street America Insurance’s flagship carrier. In 2018, Main Street America Insurance merged with American Family Insurance, the nation's 13th-largest property/casualty insurance group, becoming the enterprise's channel to distribute products through independent agents. Best, the insurance industry's premier rating organization. Main Street America Insurance carries an "A" (Excellent) Financial Strength Rating, with a Stable Outlook, and "a+" Issuer Credit Rating from A.M. The company writes more than $1.1 billion in annual premiums exclusively through independent insurance agents. Headquartered in Jacksonville, Fla., Main Street America Insurance offers a wide range of commercial and personal insurance, as well as fidelity and surety bond products, to individuals, families and businesses throughout the United States. While the company has expanded from its humble beginnings, the core of Main Street America Insurance remains as it was nearly 100 years ago - to invest in building real relationships and providing a confident and stable future through affordable and personalized insurance. Main Street America Insurance started in 1923 with the founding of National Grange Mutual Insurance Company (NGM) to provide affordable insurance to the Grange Fraternity members in New Hampshire.
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