AmFed Casualty Insurance Company is famous for its dedication to helping customers and offering creative insurance solutions.
They provide different workers’ compensation and employers’ liability insurance options, risk management, and safety services.
The Mississippi business community greatly values AmFed Casualty Insurance Company.
About AmFed Casualty Insurance Company (Mississippi)
AmFed Casualty Insurance Company, based in Ridgeland, Mississippi, is a wholly-owned subsidiary of AmFed National Insurance Company, which, in turn, is wholly-owned by Ascot Insurance Company.
They have licenses to provide workers’ compensation and employers’ liability insurance in several states, including Mississippi.
AmFed Casualty Insurance Company was established on March 16, 2004, and it started its operations on December 18, 2018.
Who owns AmFed Casualty Insurance?
- Parent Company: Ascot Insurance Company
- Ultimate Parent Company: Ascot Holding Company, LLC
|1100 Briarwood Drive, Suite 100, Ridgeland, MS 39157
Service and Products offered by AmFed Casualty Insurance Company (Mississipi)
|Risk management services
|AmFed Casualty Insurance Company offers risk management services to help businesses identify and mitigate risks. These services can include risk assessments, safety training, and disaster preparedness planning.
|AmFed Casualty Insurance Company offers safety services to help businesses create and maintain a safe work environment. These services can include safety inspections, hazard identification, and safety training.
|Claims management services
|AmFed Casualty Insurance Company offers claims management services to help businesses manage claims efficiently and effectively. These services can include claims investigation, claims adjustment, and mediation.
|Loss control services
|AmFed Casualty Insurance Company offers loss control services to help businesses prevent accidents and injuries. These services can include workplace safety audits, safety training, and engineering solutions.
|Premium financing services
|AmFed Casualty Insurance Company offers premium financing services to help businesses pay their insurance premiums over time. These services can help businesses avoid upfront payments and improve their cash flow.
|Workers’ compensation insurance
|Workers’ compensation insurance provides benefits to employees who are injured or become ill on the job.
|Employers’ liability insurance
|Employers’ liability insurance protects businesses from lawsuits filed by employees who claim they were injured or became ill as a result of their employer’s negligence.
|Umbrella insurance provides additional liability coverage beyond the limits of a business’s primary liability policies.
|Excess workers’ compensation insurance
|Excess workers’ compensation insurance provides additional workers’ compensation coverage beyond the limits of a business’s primary workers’ compensation policy.
AmFed Casualty Insurance Company, though relatively small, wrote premiums worth about $10 million in 2021.
Despite its size, the company boasts a robust financial position, holding a surplus of over $200 million at the close of 2021.
A.M. Best, a respected insurance rating agency, has assigned an “A-” (Excellent) rating to AmFed Casualty Insurance Company.
This rating confirms the company’s strong financial health and its capability to fulfill policyholder obligations.
How does AmFed handle claims?
AmFed Casualty Insurance Company (Mississippi) has crafted an efficient and user-friendly claims process.
Policyholders have the option to file claims online, through phone calls, or by sending them through the mail.
AmFed Casualty’s claims adjusters actively collaborate with policyholders to promptly and equitably investigate and settle claims.
Cancellations and Renewals at AmFed Casualty Insurance Company (Mississipi)
AmFed Casualty Insurance Company usually cancels a policy when a policyholder doesn’t pay premiums on time or breaks policy terms.
They may also cancel a policy if they stop offering insurance in a state.
Normally, AmFed Casualty Insurance Company renews policies, except when a policyholder frequently files claims or poses a high-risk situation.
Reviews and feedback
Policyholders hold varying opinions about AmFed Casualty Insurance Company. Some have praised the company for its customer service and efficient claims handling.
However, others have expressed dissatisfaction with the company’s rates and the way it handles claims.
Frequently Asked Questions (FAQs)
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He has been writing informative essays on personal finance for over a decade and holds several credentials.