BusinessFirst Insurance Company has said that it will now offer workers' compensation insurance coverage to employers in Kentucky, North Carolina and Tennessee.
BusinessFirst is backed by Midwest Employers Casualty Company, a reinsurance company and is managed by Summit Consulting, a workers’ compensation management company.
BusinessFirst has said that the workers’ compensation business submissions are also now being accepted through its independent agents in Kentucky, North Carolina and Tennessee.
BusinessFirst insures more than 2,800 Florida businesses and has $8.1m in policyholder dividends in its seven-year history.
Thomas Petcoff, chairman of BusinessFirst, said: “As a monoline workers’ comp company, our focus is to deliver the coverage and services that business owners are looking for from their comp carrier. Our success in Florida has taught us how important it is to offer a strong and competitive product, and we’re pleased to offer it as an option for our agents and their clients in multiple states.”