EIG Conversion Approved

By: Bess Shapiro

The Nevada Department of Insurance has authorized EIG Mutual Holding Company to proceed with its conversion from a mutual holding company to a stock company. EIG is the parent company of Employers Insurance Company of Nevada (EICN) and Employers Compensation Insurance Company. ECIC has become a force in the California marketplace, writing $350 million in 2005, compared to $277 million in 2004.

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