Evergreen National Indemnity Company

Ultimate control rests with WT Holdings, Inc., where Charles K. Slatery serves as Chairman, CEO, and President. The insurer operates as a captive entity within this holding structure, with minority stakes held by operational partners including Casella Waste Systems at 19.9 percent and a legacy 15 percent interest retained by Fidelity National Financial in the personal lines unit.

Casella Waste Systems holds a 19.9 percent ownership interest in Evergreen National Indemnity Company, making it a significant minority shareholder. This equity stake aligns the insurer's risk appetite with the waste-management operator's liability profile, a common captive-insurance arrangement where the insured is also a part-owner of the carrier.

The investment portfolio is concentrated in two areas: commercial real estate properties held for sale within the United States, and a private equity portfolio aligned with the industrial interests of its parent and shareholders. The firm does not publicly disclose specific portfolio-company names, but its capital is deployed in a manner consistent with a closely held, captive insurance treasury.

No. The firm functions as a captive insurer, underwriting risks almost exclusively for its affiliated entities and their operational exposures. The ownership structure — with direct stakes held by companies like Casella Waste Systems — reinforces a model where the insurance book is tightly bound to the risks of its own shareholder network.

Pittco Management, the single-family office for Joseph R. Hyde III, provided equity investment to WT Holdings, Inc., the parent company of Evergreen National Indemnity. This makes Pittco an indirect co-investor in the insurer, embedding a family-office capital base alongside the corporate shareholders.