January 26, 2015 11:35 AM ET

Insurance

Company Overview of Argonaut Insurance Company

Company Overview

Argonaut Insurance Company engages in workers' compensation insurance coverage for construction and construction wrap-ups industry. It also provides coverage for various types of businesses, including technology, hospitality, manufacturing, retail sales, and service companies. The company markets its insurance products through a network of brokers. The company was formerly known as Argonaut Insurance Exchange. The company was founded in 1948 and is headquartered in Redwood City, California. Argonaut Insurance Company operates as a subsidiary of Argo Group International Holdings, Ltd.

100 Marine Parkway

Suite 500

Redwood City, CA 94065

United States

Founded in 1948

Phone:

650-508-5400

Fax:

650-508-5499

Key Executives for Argonaut Insurance Company

President
Senior Vice President
Age: 64
Midwest Regional Vice President
Compensation as of Fiscal Year 2014.

Argonaut Insurance Company Key Developments

The West Independent School District Sues Argonaut Insurance Co., Trident Insurance Services and the Texas Association of Public Educators to Cover Blast Costs

The West Independent School District in central Texas is suing its insurance provider to cover the district's full $53 million claim from a 2013 fertilizer plant explosion that killed 15 people. The lawsuit filed May 20 in Waco's 170th State District Court claims Argonaut Insurance Co., Trident Insurance Services and the Texas Association of Public Educators breached contracts and failed to meet Texas insurance code standards. The school district reported at least $53 million in damages from the explosion that hit the town between Waco and Dallas on April 17, 2013. District officials said Argonaut offered to pay the district $30 million to cover the losses. The district received $20.8 million from the Federal Emergency Management Agency. With the insurance settlement in litigation, West is proceeding with construction efforts. The district will have a smaller high school and no longer need or use an intermediate school.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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