Starr Indemnity & Liability Co., a unit of Starr International, is entering the crop-insurance market, following its approval as a provider in the federal multi-peril crop-insurance program for 2013.
Starr is one of two new insurers to recently enter the market: The other is XL, based in Dublin. With their entrance there are now 17 insurers in this market, led by Wells Fargo and Ace Ltd.
A spokesman says Starr Indemnity & Liability Co. will be working with International Ag Insurance Solutions LLC, a managing general agency, as its servicer. Based in Des Moines, International Ag mainly focuses on the corn, soybean and wheat markets in Illinois, Indiana and Iowa.
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