| | | Argonaut Group, Inc. | Beautifully engraved certificate from the Argonaut Group, Inc. issued
in 1986. This historic document was printed by the American Banknote Company and has an
ornate border around it. This item has the printed signatures of the company’s president and secretary and is
over 14 years old.
Argonaut Group is a holding company with subsidiaries in the insurance and real estate industries. Subsidiary Argonaut Insurance focuses on workers' compensation insurance, which accounts for more than 85% of Argonaut Group's premiums; the division also writes general and automobile lines for commercial clients. Argonaut Great Central Insurance sells property, general liability, commercial multiple-peril, and workers' compensation policies in 33 states. Subsidiary AGI Properties conducts real estate leasing in California. US Treasury securities and other low-risk investments make up most of Argonaut Group's portfolio. Caroline Singleton, the widow of former chairman Henry Singleton, owns about 20% of the company.
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