SOURCE: Sunshine State Insurance Company

Sunshine State Insurance Company

October 25, 2010 09:00 ET

Sunshine State Names Cratem Chief Underwriting Officer

ST. AUGUSTINE, FL--(Marketwire - October 25, 2010) -  Michael R. Cratem, an insurance executive with 18 years in the business, has been named Vice President-Chief Underwriting Officer at Sunshine State Insurance Company (SSIC), a leading writer of homeowners' insurance in Florida, Stephen Korducki, President/CEO, announced.

Cratem returns to SSIC after three years as Senior Vice President of Intendant Holding Corporation/Kings Bay Insurance Services in Ponte Vedra Beach, FL. He served as Marketing/Underwriting Manager and VP-Underwriting during the early years of Sunshine's growth.

"We welcome Mike back to SSIC. His deep knowledge of exposure and risk management in the Florida market along with his agency relationships in the State will be a great asset to SSIC," Korducki said.

Cratem's early career was spent at Prudential Property & Casualty Insurance Company and Prudential Healthcare where he gained experience in underwriting and group healthcare insurance management.

Cratem holds a Bachelor of Science Degree in Business Administration: Marketing from the University of Florida.

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