Majestic Insurance Company has received its license to operate in New York state, its subsidiary CRM Holdings, Ltd., announced.

The Hamilton, Bermuda-based CRM, a provider of products and services for the workers' compensation industry, said recently acquired Majestic writes workers' comp insurance in fifteen states and operates primarily in California, Arizona, Alaska, Nevada, Oregon and Washington.

Majestic is headquartered in San Francisco and has been in business since 1980.

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