State Farm launches E&S homeowners' insurer

US insurance giant State Farm has launched a new excess and surplus
lines (E&S) carrier to write homeowners' insurance in
selected markets on a non-admitted basis.
Dover Bay Specialty Insurance Company is a subsidiary of State
Farm Mutual Automobile Insurance Group (SFMAIG) based in
Bloomington, Illinois.
The company has been assigned an A financial strength rating by
AM Best with a stable outlook.
In a statement, AM Best said the new vehicle would provide State
Farm with more flexibility in