Great American Insurance Group Public Sector Announces Increased Casualty Capacity

CINCINNATI--(BUSINESS WIRE)-- Great American Insurance Group is pleased to announce an additional $10 million in casualty capacity for public sector risks attaching $10 million or higher. When attached to a risk in conjunction with Public Sector’s primary $10 million limit, a governmental entity could have access to a total of $20 million in capacity.

Scott Rohr, Divisional President of Great American Public Sector, stated, “We are pleased to expand our capacity for both reinsurance and excess insurance to our target markets of government pool members, joint powers authorities, trusts, reciprocals and individual public entity risks.”

About Great American Public Sector

Great American Public Sector is one of the leading providers of public entity insurance and reinsurance in the country. They are committed to providing customized insurance programs that meet the unique risk management needs of local, county and state governments, educational organizations and special service districts, such as park districts, water and sanitation districts, housing departments or other entities designed to serve the general public.

About Great American Insurance Group

Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses, and in the sale of traditional fixed and fixed-indexed annuities in the retail, financial institutions and education markets. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for over 100 years (most recent rating evaluation of “A+” (Superior) as of March 20, 2015). The members of the Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG.

Legal

Coverage description is summarized. Refer to an actual policy for a full description of applicable terms, conditions, limits and exclusions. Policies are underwritten by Great American Insurance Company, an authorized insurer and reinsurer in all 50 states and the District of Columbia.