FIRST AMERICAN PROPERTY AND CASUALTY ENTERS ARIZONA AND OREGON HOMEOWNERS’ INSURANCE MARKETS
June 7, 2001, IRVINE, Calif.
First American Property and Casualty Insurance Company, a member of The First American Corporation (NYSE: FAF) family of companies, today announced its entry into the Arizona and Oregon homeowners’ insurance markets.
First American Property and Casualty Insurance Company, an A-rated multi-state personal property specialist, introduced its competitively priced, ISO special form product. Coverage includes contents limit at 70 percent of coverage A and a personal liability limit to $500,000, as well as increased Section I Special Limits of Liability, increased Ordinance or Law coverage and automatic annual inflation guard adjustment. Rates are available through AMS.
“We are truly excited to enter the Arizona and Oregon markets,” said Steve Tervo, director of marketing for First American Property and Casualty Insurance Company. “Our market research shows the results in these states can be profitable for this line of business, and our experience in the California market shows that the agent is the critical piece for a successful program.”
Independent Arizona- and Oregon-based agents, who are focused on service and customer retention, are encouraged to call Steve Tervo at (949) 225-4874.