Prime Property & Casualty Insurance Inc. (“PPCI”) has announced its debut into the Commonwealth of Massachusetts commercial auto market as an admitted carrier specializing in insurance solutions for distressed and substandard risks. This follows the announcement from 2019 where Prime Property & Casualty Insurance Inc. announced its debut into the state of Kansas commercial auto market as an admitted carrier specializing in insurance solutions for distressed and substandard risks. With PPCI, producers now have an insurance company to write commercial auto risks and expand their book of business. PPCI offers the capacity to insure any commercial auto risk class with adverse account experiences such as unsatisfactory loss experience, poor driving records or lack of insurance history. PPCI’s partnership approach, based on customized underwriting, extraordinary claims handling and risk management, produces outstanding results for producers and insureds.
Commercial auto owners, employers and operators who need insurance coverage for vehicles and drivers are having tremendous difficulty obtaining insurance due to imperfect histories or atypical business arrangements. “Producers have been frustrated by their inability to meet the needs of clients about offering a market for difficult risks to the commercial auto marketplace. PPCI provides exactly that market” said Rick J. Lindsey, President and CEO of PPCI. Unlike other insurance providers, PPCI delivers coverage solutions to the entire spectrum of commercial auto risk classes including trucking, taxi cabs, towing, waste hauling and paratransit operations despite circumstances like adverse loss experiences, poor SAFER scores, hazardous cargo, prior insurance cancellations and more. Producers now have an insurance carrier with the stability, expertise and risk appetite to place their most difficult commercial auto liability risks.
The NAIC data report states that in the period of 2014-2018 commercial auto incurred losses were $17,774,663 for liability claims and $4,993,846 for physical damage claims.* PPCI distinguishes itself by handling claims “in-house” through its Claims Direct Access (“CDA”) service. CDA is committed to thorough and cost-effective resolutions, having successfully resolved over 60,000 property and casualty claims and lawsuits.
PPCI is a subsidiary of Prime Holdings Insurance Services, Inc. with offices in Salt Lake City, Utah; Chicago, Illinois; Naples, Florida; and Exton, Pennsylvania.
For more information, please contact: Barbara Malkowski, SVP Marketing and PPCI Board Member,
Last updated 15 October 2021
Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. Prime Insurance also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are Prime Insurance can help.