Lexington Insurance Company
- Lexington Insurance Company
Lexington Insurance Company is a property and casualty insurer domiciled in Delaware and owned by AIG. [ [http://www.lexingtoninsurance.com] ] It is a surplus lines insurer, and as such generally do not participate in state guaranty funds; thus, insured persons are not protected by such funds. [ [http://www.lexingtoninsurance.com/index.php?menu_id=1&page_id=244] ] It primarily provides fire insurance but also offers allied lines coverage, inland marine, liability, medical malpractice and homeowners insurance.
Finanicial crisis at parent AIG
Lexington has been mentioned by analysts as an attractive asset for AIG to sell, based on an assessment of its balance sheet. [ [http://www.thestreet.com/story/10437995/1/aigs-three-most-attractive-assets.html?puc=googlen&cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA]
References
Wikimedia Foundation.
2010.
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