SeaBright Files California Rate Increase
SEATTLE, Jul 26, 2010 (BUSINESS WIRE) — SeaBright Holdings, Inc. (NYSE: SBX) today announced that its subsidiary, SeaBright Insurance Company, has filed a 15.3% rate increase with the California Department of Insurance. The Company plans to apply the increase to California exposures on all SeaBright insurance policies with inception dates of September 1, 2010 and later.
About SeaBright Holdings, Inc.
SeaBright Holdings, Inc. is a holding company whose wholly-owned subsidiary, SeaBright Insurance Company, operates as a specialty underwriter of multi-jurisdictional workers’ compensation insurance. SeaBright Insurance Company distributes its maritime, alternative dispute resolution and state act products through selected independent insurance brokers and through its wholesale broker affiliate, PointSure Insurance Services, Inc. PointSure is licensed in 50 states and also offers insurance products from non-affiliated insurers. Total Healthcare Management, another SeaBright Holdings company, provides integrated managed medical care services to help employers control costs associated with on-the-job injuries. To learn more about SeaBright Holdings, Inc., visit our website at www.sbic.com.
SOURCE: SeaBright Holdings, Inc.
SeaBright Holdings, Inc.
Dean Rappleye, 206-269-8504
investor@sbic.com
Copyright Business Wire 2010
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