NGM Insurance Company, which operates as Main Street America Insurance, will exit the surety and fidelity market nationwide to focus on its core commercial lines business.

The move follows the sale of the business’s renewal rights to Nationwide.

In South Dakota, the American Family subsidiary plans to nonrenew 130 customers representing approximately $54,600 in premium. The book consists of 99 surety bonds with $48,700 in premium and 31 fidelity bonds with $5,949.

Nationwide will provide renewal offers to customers meeting its underwriting criteria. The 33 independent agents currently writing the business in South Dakota have also been offered the opportunity to secure Nationwide appointments. Customers may instead work with their agents to obtain coverage from other carriers.

Nonrenewals will begin October 15, 2026. Because non-cancellable bonds will remain in force until their contractual obligations end, Main Street America expects the withdrawal process to continue through February 2031.

South Dakota regulators approved the withdrawal on July 28. The company is not surrendering its licenses or certificates of authority in the state.