CHICAGO, Feb. 17, 2017 /PRNewswire/ -- Old Republic
Construction Program Group, Inc. (ORCPG), the specialty
contractors insurance division of Old Republic General Insurance
Corporation (ORGENCO), is changing its name to Old Republic
Contractors Insurance Group, Inc. (ORCIG). The new name
more clearly describes our focus as a specialty underwriter of
contractors insurance exposures. The name also retains its
identity with the ultimate parent company, Old Republic
International Corporation (NYSE: ORI) and its family of
multi-line insurance companies.
Since its formation ten years ago, the Old Republic Contractors
Insurance Group has become an increasingly important market leader
that provides quality insurance products and services to select
participants in the construction industry. We have gradually
expanded its national footprint to provide a high level of
specialized underwriting, claims, and loss control services in a
professionally competent manner. With offices strategically located
in Atlanta, Chicago, Dallas, Kansas
City, New York City, and
Pasadena we are well positioned to
meet brokers' and insureds' specific needs very
efficiently.
For more information, please visit our website at
www.orcpg.com
About Us
Old Republic General Insurance
Corporation is one of America's strongest insurers—a company
managed conservatively for the long-run. For more than 50
years, ORGENCO has provided innovative solutions, and proven claims
and risk management solutions. It underwrites and issues
insurance contracts for Old Republic Contractors Insurance Group
and is rated A (Excellent) by A.M. Best, and A+ by Standard &
Poor's.
Chicago-based Old Republic
International Corporation is one of the nation's 50 largest
publicly held insurance organizations. Its most recent
financial statements reflect consolidated assets of approximately
$18.5 billion and common
shareholders' equity of $4.4 billion,
or $17.20 per share. Its
current stock market valuation is approximately $5.4 billion, or $20.75 per share.
It is organized as an insurance holding company whose
subsidiaries actively market, underwrite, and provide risk
management services for a wide variety of coverages mostly in the
general and title insurance fields.
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Further
Information Contact:
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AT
ORCIG:
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AT
ORGENCO:
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R. Scott Rager,
CEO
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Craig R. Smiddy,
President & COO
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Telephone:
312.346.8100
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Telephone:
312.346.8100
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SOURCE Old Republic International Corporation