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Old
Glory Insurance Company is a Texas-based insurer that specializes in workers’
compensation. As a new company
chartered in 2003 by the Texas Department of Insurance, Old Glory is not
subject to many of the ongoing claims challenges faced by some workers’
compensation companies. By
carefully considering each risk, Old Glory management expects to avoid the
problems associated with occupation diseases such as asbestosis and silicosis,
which threaten the capital of other insurers.
Heartland
Security Insurance Group, a diversified insurance and risk management holding
company, owns Old Glory. Other
operations of Heartland include third party claims administration to the
federal government as well as state and private entities, retail insurance
sales, wholesale brokerage, premium finance, and related functions.
Heartland, a privately held organization with roots back to the 1960’s,
has approximately 45 internal shareholders.
Heartland entities combined, employ over 240 associates.
A.
M. Best Company has assigned a Best’s Rating of B+ (Very Good) and Financial
Size Category of FSC III. Being
rated after only one year was a strong affirmation of Old Glory’s Business Plan
and operating model.
For
additional information on Old Glory Insurance Company please contact Robert
Henderson, President, at (888) 838-6404.
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