NORCAL Mutual Insurance Company’s Pennsylvania-based wholly-owned subsidiary, PMSLIC Insurance Company, has been renamed NORCAL Specialty Insurance Company, pending additional regulatory approvals. NORCAL Specialty is the NORCAL Group’s surplus lines carrier.
The name change to NORCAL Specialty is part of a multi-year national expansion initiative to bring all subsidiaries under the NORCAL Group banner. NORCAL Specialty focuses on providing flexible coverage options that address the unique needs of complex accounts.
“Health care delivery is changing rapidly and the needs of medical practices are changing and more complex,” Ron Rumin, President of NORCAL Specialty said. “NORCAL Specialty is dedicated to crafting the right coverage solutions to meet these unique needs.”
PMSLIC Insurance Company, a member of the NORCAL Group of companies since 2002, has been transitioning its standard-line policyholders to NORCAL Mutual in 2015, and now writes non-admitted policies.
