Sentinel Security Currently Not Accepting New Premium
Advantage Capital Partners (A-Cap) has been notified by state regulators in both Utah and South Carolina that their subsidiary insurance companies cannot accept new premium until certain financial issues are resolved. A-Cap subsidiaries include Sentinel Security, Haymarket Insurance and Jazz Reinsurance in Utah as well as Atlantic Coast Life and Southern Atlantic Re in South Carolina. A-CAP stands by its valuation work and has stated that they “vigorously” dispute the flawed valuation conducted by an unqualified firm. The Brokers Network will keep you updated as new information comes to light.