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United America Indemnity, Ltd. Clarifies Inaccurate Press Releases Regarding Penn-America Group And United National Insurance Company

GEORGE TOWN, Grand Cayman, Cayman Islands, March 1 /PRNewswire-FirstCall/ -- United America Indemnity, Ltd. (Nasdaq: INDM)

(Logo: http://www.newscom.com/cgi-bin/prnh/20060706/MXTH001LOGO )

Contrary to reports in the media, United America Indemnity, Ltd. (including all of its affiliates, among them being  Penn- America  and United National ),  has neither sold nor entered into a transaction to sell or otherwise dispose of any portion of its business, including that of Penn-America or United National.  

About United America Indemnity, Ltd.

United America Indemnity, Ltd. (Nasdaq: INDM), through its several direct and indirect wholly owned subsidiary insurance and reinsurance companies, is a national and international provider of excess and surplus lines and specialty property and casualty insurance and reinsurance, both on an admitted and non-admitted basis. The Company's four principal divisions include:

  • Insurance Operations:
    • Penn-America, which includes property and general liability products for small commercial businesses distributed through a select network of wholesale general agents with specific binding authority;
    • United National, which includes property, general liability, and professional lines products distributed through program administrators with specific binding authority;
    • Diamond State , which includes property, general liability, and professional lines products distributed through wholesale brokers and program administrators with specific binding authority.
  • Reinsurance Operations:
    • Wind River Reinsurance Company, Ltd., a Bermuda based treaty and facultative reinsurer of excess and surplus lines and specialty property and casualty insurance.

For more information, visit the United America Indemnity, Ltd. website at www.uai.ky.

SOURCE United America Indemnity, Ltd.

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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