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Core Specialty Partners, Lancer Launch Excess Transportation Program

Core Specialty Adds Tokio Marine s Jacobs to E&O, Professional Liability Team

Core Specialty Adds Tokio Marine’s Jacobs to E&O, Professional Liability Team December 28, 2020 Cincinnati-based Core Specialty Insurance Holdings reported that Jeff Jacobs has joined as senior vice president, head of Errors and Omissions Professional Liability. Jacobs has 30 years of insurance sector experience leading professional liability, management liability and other commercial property and casualty programs. He was most recently with Tokio Marine HCC and before that, with NAS Insurance, which is now owned by Tokio Marine. In his career, Jacobs has also worked at Monitor Liability Managers, Lockton Affinity, Meadowbrook Insurance Group, ULLICO Casualty and, for 17 years, Aon Affinity. Core Specialty offers E&O coverages for legal, marketing, media and real estate professionals.

Core Specialty Confirms Assignment of A- (Excellent) Financial Strength Ratings by AM Best to Subsidiaries StarStone Specialty Insurance Company and StarStone National Insurance Company

Share this article Share this article CINCINNATI, Dec. 23, 2020 /PRNewswire/ Core Specialty Insurance Holdings, Inc. ( Core Specialty or the Company ) announced today that AM Best has removed from under review with developing implications and affirmed the Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- of StarStone Specialty Insurance Company and StarStone National Insurance Company.  The outlook assigned to these Credit Ratings is stable. Jeff Consolino, President and Chief Executive Officer of Core Specialty commented Core Specialty completed the recapitalization of StarStone U.S. Holdings, Inc. on November 30, 2020, bringing pro forma Shareholders Equity to over $900 million.  We are pleased that AM Best has removed its under review status and affirmed the ratings of our two insurance operating subsidiaries.

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