All the headlines from our Surety Topic Page, ordered by recency.
Feb 24 2010 // Zurich announced that its North America Surety, Credit & Political Risk group has completed a Memorandum of Understanding (MOU) with the Korea Export Insurance Corporation (KEIC), an export insurance agency supported...
Jan 10 2010 // The Louisiana Department of Insurance filed a lawsuit in late December 2009 against Infinity Surety of Louisiana Inc., Infinity Surety Agency LLC and George D. Black (collectively, Infinity Surety) alleging the firm has...
Jan 6 2010 // Mark Little has been hired by San Diego-based Cavignac & Associates as surety account manager. Little brings to Cavignac & Associates five years of experience in the construction and surety industry. In his new...
Jan 4 2010 // Houston-based CAIC Holding Co.Inc. (CAIC) has sold its surety division to property/casualty insurance carrier The Main Street America Group, based in Jacksonville, Fla.The firms said the agreement is effective Jan. 4,...
Dec 14 2009 // At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide.Brokers in both states are working to stay on top of the new mandates....
Dec 6 2009 // At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide.“This past year has seemed to be especially active statutorily...
Dec 6 2009 // At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide.“This past year has seemed to be especially active statutorily...
Oct 6 2009 // Houton-based HCC Insurance Holdings Inc. has appointed Paul A. “Tony” Yasilli, Jr. as a vice president and regional director of American Contractors Indemnity Company and U.S. Specialty Insurance Company,...
Jul 20 2009 // LoriAnn Lowery resigned from her position as president of Lloyd’s North America, after a little more than a year on the job. Sue Langley, Lloyd’s director of market operations and North America, said Lowery,...
Jun 9 2009 // United Risk Solutions Inc. has added two people to its staff. KC Ferguson has joined as senior account manager in the Workers’ Compensation Department, and Reida Robinson will be the manager of the firm’s Bond...
May 14 2009 // As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout...
Apr 23 2009 // Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., has acquired the assets of North Coast Surety Insurance Services and North Coast Surety Technologies on April 1. Terms were not disclosed. Based in...
Dec 19 2008 // CNA Surety Corporation recently announced the resignation of chairman of the board of directors James R. Lewis effective Dec. 31, 2008. Lewis is also stepping down as president and CEO of the property/casualty operations...
Dec 3 2008 // HCC Insurance Holdings Inc. announced it has executed an agreement to acquire Surety Company of the Pacific (SCP), a writer of license and permit bonds headquartered in Encino, Calif. This transaction is subject to...
Nov 14 2008 // Lisa Hitt has been hired by Cavignac & Associates, a San Diego-based risk management and commercial insurance brokerage firm, as surety department accounting manager. Hitt brings to Cavignac & Associates 24 years...
Oct 10 2008 // Middleton, Wis.-based Capitol Insurance Cos. (“Capitol”) recently announced that Richard W. Allen III, currently senior vice president of Surety & Fidelity Underwriting, has been named president of Surety...
Sep 29 2008 // Marsh announced that three new executives – Steve Powney, Steven Lewis and Tricia Burgess – have all joined its International Surety Practice from Aon’s Surety and Guarantee team.Powney will lead the...
Sep 24 2008 // Insurers Travelers Cos Inc and Chubb Corp will no longer issue surety bonds with American International Group Inc as a co-participant, according to insurance brokerage Marsh Inc.Surety contracts guarantee the performance...
Sep 22 2008 // Raleigh, North Carolina-based Surety One, a member of The Poindexter Group of Companies, announced the national roll-out of its specialty fidelity bond product for coffee/teahouse and cafe owners. Available in $5,000 to...
Aug 21 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added four new members to its team.Cindy Downs was added as a senior underwriter in the firm’s MGA unit. Downs formerly was a...