Latest Surety Headlines

All the headlines from our Surety Topic Page, ordered by recency.

MHBT VP to Serve on Board of National Surety Bond Producers Group

Jun 30 2008 // Donnie Doan, a vice president in the bond department of Dallas-based McQueary Henry Bowles Troy L.L.P. (MHBT), was named to the 2008-09 board of directors for the National Association of Surety Bond Producers (NASBP).In...

Zurich Names Riordan New President of Surety, Credit, and Risk Group

May 9 2008 // Zurich North America Commercial recently announced it has named Daniel W. Riordan president of its Surety, Credit and Political Risk group. This newly created group combines Zurich’s Surety group, a leading provider...

Thomas to Head New Argo Surety Unit

May 6 2008 // The Bermuda-based Argo Group International Holdings Ltd. announced the formation of Argo Surety, to conduct surety business. The new unit remains part of Argo Group’s existing Commercial Specialty segment. Argo has...

People

May 5 2008 // M.J. Hall and Company Inc., a managing general agent and surplus lines wholesaler based in Stockton, Calif., opened an office in Plano, Texas, and named Brett Amick as vice president and branch manager.Amick and his team...

Prior Named president of ICW Group Independence Casualty and Surety Subsidiary

Apr 15 2008 // San Diego-based ICW Group, a group of insurers, announced it has named Kevin Prior president of its Independence Casualty and Surety (ICS) subsidiary. Prior, whose career at ICW Group spans 18 years, remains president and...

San Diego Cavignac & Assoc. Promotes Wager to Surety Manager

Feb 28 2008 // Margie Wager has been promoted to surety department manager at Cavignac & Associates, a San Diego-based risk management and commercial insurance brokerage firm.In her new position, Wager will manage the firm’s...

Surety Expert Rons Joins Aon’s Denver Office

Feb 5 2008 // Aon Corporation has hired Scott Rons as assistant vice president, surety operations, for Aon Construction Services Group. Based in Denver, Rons will help enforce Aon Construction Services Group’s strategic commitment...

Unsure-ty: N.Y. Abruptly Pulls Bond Proposal for Small Contractors

Jan 13 2008 // It took about a month for New York Insurance czar Eric R. Dinallo to back off a plan to allow the New York Property Insurance Underwriting Association — the residual market — to write surety bonds for contractors.Some...

A.M. Best Puts Georgia Casualty & Surety Under Review Pending Deal

Jan 4 2008 // A.M. Best Co. has placed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Georgia Casualty & Surety Company under review with positive implications.The rating actions...

Ala.: Birmingham’s Casualty & Surety Buys JC Shannon Insurance

Jan 4 2008 // Birmingham, Ala.-based property and casualty brokerage firm, Casualty & Surety Inc., acquired JC Shannon Insurance Services Inc., of Fresno, Calif. JC Shannon specializes in truck physical damage and cargo coverage,...

Flood & Peterson Insurance Hires Surety Bond Expert

Dec 5 2007 // Flood & Peterson Insurance of Greeley, Colo., has added Rusty Lear, a 21-year veteran of the surety bonding industry, to its staff. Lear, who has worked in Colorado for 15 years, previously worked for eight years as...

Locked Into the Customer

Nov 18 2007 // Insurance Journal is pleased to launch a new series of profiles of privately-held property/casualty independent insurance agencies that qualify for the annual Insurance Journal Top 100 P/C Agency listing. What better place...

N.Y. Weighs NYPIUA Offering Surety Bonds

Nov 18 2007 // New York is considering having its residual market property insurance association offer surety bonds. Superintendent of Insurance Eric R. Dinallo said he will hold a public hearing on Dec. 14 to determine whether he will...

N.Y. Weighs Having Residual Insurer NYPIUA Offer Surety Bonds

Nov 8 2007 // New York is considering having its residual market property insurance association offer surety bonds.Superintendent of Insurance Eric R. Dinallo said he will hold a public hearing to determine whether he will require the...

Federal Grand Jury Indicts La. Woman in Construction Bonds Case

Oct 29 2007 // A federal grand jury in New Orleans brought a 15-count indictment against a Louisiana woman who sold construction bonds in several states, including Tennessee, after she was barred from the insurance business.Federal...

CAIC Enters Texas Surety Market

Oct 23 2007 // CAIC Holding Company Inc. announced it began offering surety coverages in Texas through its wholly owned subsidiary, Commercial Alliance Insurance Company (CAIC), effective Oct. 1, 2007.Sterling Emens III was appointed...

Arch Names Vonnahme EVP Surety; Schmalz to Retire

Jul 31 2007 // Arch Insurance Group, a subsidiary of Arch Capital Group Ltd., announced that Mark C. Vonnahme has joined its leadership team as the executive vice president responsible for its surety business.Vonnahme succeeds Brian...

Zurich Introduces Online Surety Bond Validating System

Jul 12 2007 // Zurich introduced the “Surety Bond Validator,” a new system for commercial and construction surety bond customers in the U.S. to confirm that a Zurich surety bond is valid.“Millions of dollars in...

Rockhill Underwriting Names Matthew Semeraro Vice President of Surety

Jul 11 2007 // Missouri-based Rockhill Underwriting Management, LLC recently announced that Matthew J. Semeraro has joined the organization as vice president of Surety. Semeraro will be located in the Atlanta office in this new role and...

Aon Construction Appoints Crail Director of Surety Operations

Jun 15 2007 // Aon Construction Services Group has hired Lisa K. Crail as director, surety operations. In this role, Crail will be responsible for improving efficiency and reducing transaction costs related to surety and client...