Majestic Capital Ltd., formerly CRM Holdings Ltd. is a holding company. It is a specialty provider of workersâ compensation insurance products. Its workersâ compensation insurance coverage is offered to employers in California, New York, New Jersey, Arizona, Nevada, and other states. It provides workersâ compensation insurance products through Majestic Insurance. The Company offers primary workersâ compensation insurance through independent insurance brokers and agents to various size businesses. As of December 31, 2010, it had more than 1,032 policyholders. The Company focuses on contractors, transportation, healthcare, wholesale and retail, manufacturing, hospitality, colleges and universities and other classes on a case by case basis. Majestic Insurance offers three types of workersâ compensation insurance products and services: Guaranteed Cost Plans, Risk-Sharing Products and Excess and Frequency Coverage.
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