Southern Trust Building

Southern Trust Insurance Chooses Duck Creek OnDemand for its Cohesive and Comprehensive Full-Suite Capabilities

Retrieved on: 
Thursday, August 31, 2023

Boston, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces Southern Trust Insurance (“Southern Trust”) as the latest insurance carrier to embrace Duck Creek OnDemand as its platform of choice to modernize operations.

Key Points: 
  • Boston, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces Southern Trust Insurance (“Southern Trust”) as the latest insurance carrier to embrace Duck Creek OnDemand as its platform of choice to modernize operations.
  • Looking to eventually expand its lines of business and incorporate enhancements, Southern Trust has recognized the unparalleled capabilities of Duck Creek’s cutting-edge cloud-based solutions.
  • By leveraging a full-suite deployment, including Duck Creek Policy , Duck Creek Billing , Duck Creek Claims , Duck Creek Rating and Duck Creek Insights , Southern Trust aims to expedite the launch of their top-tier auto insurance products and services.
  • Duck Creek OnDemand stands poised to serve as the catalyst propelling growth and satisfying the holistic engagement expectations of Southern Trust’s customers.

AM Best Places Credit Ratings of Southern Trust Insurance Company Under Review With Developing Implications

Retrieved on: 
Wednesday, June 28, 2023

AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Southern Trust Insurance Company (Southern Trust) (Macon, GA).

Key Points: 
  • AM Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Southern Trust Insurance Company (Southern Trust) (Macon, GA).
  • The Credit Ratings (ratings) of Southern Trust have been placed under review with developing implications following the recent announcement that the company signed a share and interest purchase agreement with Arbour National (Arbour).
  • Once closed, Arbour will have controlling interest of both Southern Trust and Southern Specialty Underwriters, LLC, which are subsidiaries of Southern Trust Corporation.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Southern Trust and Arbour National Announce Partnership and Significant Investment to Support Continued Growth

Retrieved on: 
Tuesday, June 27, 2023

The significant investment will support the continued growth of Southern Trust, reinforcing its commitment to independent agents and policyholders across the Southeast.

Key Points: 
  • The significant investment will support the continued growth of Southern Trust, reinforcing its commitment to independent agents and policyholders across the Southeast.
  • We had a great fit with the Arbour team from the beginning, and our group is thrilled about the opportunities for growth this partnership will bring,” Southern Trust CEO & President Les Cole said.
  • Arbour National will become the majority owner of both Southern Trust Insurance Company and Southern Specialty Underwriters, with Cole and Anderson as key partners.
  • To support continued expansion and hiring, at closing Arbour National will contribute an additional $20 million to Southern Trust’s surplus.

Southern Trust Home Services is Now Accepting Nominations for Annual Heat for a Hero Campaign

Retrieved on: 
Wednesday, November 9, 2022

ROANOKE, Va., Nov. 9, 2022 /PRNewswire/ -- Southern Trust Home Services, a leading electrical, HVAC and plumbing company serving southwest Virginia, is currently accepting nominations through Nov. 30 for its annual Heat for a Hero program, a campaign created to provide an adequate heating system to a deserving active military member or veteran in the Roanoke area each winter.

Key Points: 
  • "Heat for a Hero is our way of giving back to these deserving servicemen and women who may need a little help in the winter.
  • The Heat for a Hero campaign asks that Roanoke area residents submit confidential nominations for either a deserving active-duty military member or veteran who could benefit from a new heating system.
  • Southern Trust will not only donate the system, it will also install the unit for free.
  • For more information on winter prep or to inquire about services, please contact Southern Trust Home Services at (540) 343-4348 or visit www.southerntrusthomeservices.com .

Southern Trust Home Services encourages youth and jobseekers to consider the skilled trades

Retrieved on: 
Wednesday, September 14, 2022

ROANOKE, Va., Sept. 14, 2022 /PRNewswire/ -- Southern Trust Home Services, a leading electrical, HVAC and plumbing company serving southwest Virginia, is celebrating National Tradesmen Day on Sept. 16 to help shine a light on the need for more skilled trades professionals and demonstrate how rewarding the industry can be.

Key Points: 
  • Puzio said that according to the National Electrical Contractors Association, 7,000 electricians join the field each year but 10,000 retire.
  • He said Southern Trust is always looking for home service professionals to fill open positions, and his home service business isn't alone in the search to find more skilled talent.
  • Founded in 1995 as Southern State Electric, Southern Trust Home Services provides residential plumbing, electrical HVAC services, drain cleaning and one day bath remodel services, including 24/7 emergency repairs, to homeowners in more than 60 cities throughout southwest Virginia.
  • An A Better Business Bureau accredited company since 2006, Southern Trust Home Services has financing available including 0 percent for 18 months, and Lifetime Repair Guarantee on stated repairs.

Southern Trust Insurance Chooses Betterview to Reduce Expenses and Property Loss

Retrieved on: 
Friday, September 9, 2022

SAN FRANCISCO, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Southern Trust Insurance, a provider of reliable coverage across the Southeast for over 50 years, today announced they have selected Betterviews Property Intelligence & Risk Management Platform to reduce expenses and drive down avoidable losses.

Key Points: 
  • SAN FRANCISCO, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Southern Trust Insurance, a provider of reliable coverage across the Southeast for over 50 years, today announced they have selected Betterviews Property Intelligence & Risk Management Platform to reduce expenses and drive down avoidable losses.
  • As a leader in innovation, Southern Trust Insurance has sought out new tools to improve the efficiency of its underwriting and inspection processes and to predict and prevent property losses.
  • For more information, please visit www.betterview.com
    About Southern Trust: Southern Trust Insurance Company has offered a wide array of competitively priced, Property and Casualty Insurance products for independent agents for over fifty years.
  • Southern Trust currently offers homeowners, auto, and a variety of business insurance products in Georgia, Tennessee, and South Carolina.

Southern Trust Home Services Named to the 2022 Inc. 5000 Annual List

Retrieved on: 
Friday, August 19, 2022

ROANOKE, Va., Aug. 19, 2022 /PRNewswire/ -- Southern Trust Home Services, a leading electrical, HVAC and plumbing company serving southwest Virginia, announced today that it has been selected to the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. This is the first year Southern Trust has made the respected list.

Key Points: 
  • ROANOKE, Va., Aug. 19, 2022 /PRNewswire/ -- Southern Trust Home Services , a leading electrical, HVAC and plumbing company serving southwest Virginia, announced today that it has been selected to the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America.
  • This is the first year Southern Trust has made the respected list.
  • "While the selection of Southern Trust to this list proves that we are one of the country's fastest-growing companies, our growth will not stop here.
  • Founded in 1995 as Southern State Electric, Southern Trust Home Services provides residential plumbing, electrical HVAC services, drain cleaning and one day bath remodel services, including 24/7 emergency repairs, to homeowners in more than 60 cities throughout southwest Virginia.

AM Best Revises Outlooks to Stable for Southern Trust Insurance Company

Retrieved on: 
Thursday, June 23, 2022

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Southern Trust Insurance Company (Southern Trust) (Macon, GA).

Key Points: 
  • AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Southern Trust Insurance Company (Southern Trust) (Macon, GA).
  • The revised outlooks to stable reflect Southern Trusts capital growth in recent years primarily driven by underwriting income and capital gains.
  • AM Best considers Southern Trusts ERM program to be appropriate for its size and scope of operations.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

insured.io Implementation Raises the Bar for Southern Trust’s Customer Experience

Retrieved on: 
Thursday, March 24, 2022

"At Southern Trust, our insureds and agents are an important part of our team, said Les Cole, president and CEO of Southern Trust.

Key Points: 
  • "At Southern Trust, our insureds and agents are an important part of our team, said Les Cole, president and CEO of Southern Trust.
  • We were very pleased with the new standard insured.io has helped us set for customer service, self-service, and accessibility.
  • To meet Southern Trusts needs, insured.io deployed a flexible, robust customer portal, part of the insured.io Customer Engagement Platform, a 360-degree suite of SaaS solutions which connect and unify consumers, producers, and employees via any channel.
  • The platform was fully-integrated with Southern Trusts existing systems to provide a secure, modern way for customers to manage policies and make payments online.

Light up the holidays with these six electrical safety tips

Retrieved on: 
Tuesday, December 14, 2021

The Fire Prevention Safety Association (NPSA) says that nearly 1,000 housefires are caused by Christmas trees and other holiday decorations yearly.

Key Points: 
  • The Fire Prevention Safety Association (NPSA) says that nearly 1,000 housefires are caused by Christmas trees and other holiday decorations yearly.
  • Puzio said decorators should follow these tips to protect their home and family:
    Don't use candles on the tree or near flammable objects.
  • When choosing to use candles with open flames, make sure they are safely away from curtains, bedding, furniture or the Christmas tree.
  • Cords and wires are the source of more than half of all decorating-related fires and electrical issues during the holidays, according to the NPSA.