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Evergreen National Indemnity Company
Evergreen National Indemnity Company is a US-based insurance company headquartered in Independence. It oversees approximately $67 million in assets,...
Overview
Evergreen National Indemnity Company is a US-based insurance company headquartered in Independence. It oversees approximately $67 million in assets, primarily serving the North American region.
General information
Firm type
Insurance
Year founded
1939
Location
Region
North America
Country
United States
City
Independence
Corporate office
Independence, OH, United States
Principals
Charles K. Slatery
Chairman, CEO, and President of WT Holdings, Inc.
Sector focus
Frequently asked questions
Who controls 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.
What is the relationship between Casella Waste Systems and Evergreen National Indemnity?
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.
Does Evergreen National Indemnity write policies for third parties?
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.
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