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Sura approves new liability coverage with Mesa Underwriters after Dryden Mutual stops insuring properties
Summary
Sura approved Resolution 3476 to award a liability-insurance contract to Mesa Underwriters Specialty Insurance after Dryden Mutual declined further coverage. Staff said limits will increase (per-incident $1M→$2M; aggregate $2M→$4M); the transcript records inconsistent premium figures that require follow-up.
Sura approved a resolution to award a liability-insurance contract to Mesa Underwriters Specialty Insurance after the agency's long-standing carrier, Dryden Mutual Insurance, stopped offering coverage.
Staff told the board the previous policy lapsed and that a short extension through April 2 had been secured while the agency solicited replacement coverage. According to the presenter, the agency’s broker, Haylor Freyer, contacted multiple markets and "Mesa was the only one, my understanding, that responded," leaving Mesa…
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