N.Y. Licenses Majestic Insurance to Write Comp

Majestic Insurance Co. recently received a license to write workers' compensation policies in New York state, the carrier's parent announced. CRM Holdings recently bought Majestic Insurance Co., which is now licensed in 16 states. New York granted licensing approval on Dec. 18, CRM Holdings said. Majestic writes workers' compensation insurance under various state acts and the U.S. Longshore and Harbor Workers' Compensation Act and operates primarily in California, Arizona, Alaska, Nevada, Oregon and Washington. "Majestic will offer competitive commissions on all quality business and ...