All the headlines from our Surety Topic Page, ordered by recency.
Jun 20 2016 // As a property/casualty insurance agent, you’re used to focusing on providing your clients with top-quality service and serving as a great resource for all insurance questions they might have. Then suddenly your...
May 31 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., has announced the appointments of Mike Toppi as global head of Surety Risk and Paul Sanders as global head of Credit & Political...
May 27 2016 // EPIC Insurance Brokers and Consultants has named Nick Tan surety manager.Tan will be based in EPIC’s San Ramon, Calif. construction services practice and report to Brian Quinn, regional director of property/casualty....
May 5 2016 // Ironshore Inc. announces that Adriana Nariño has joined as head of Surety for the Latin American Group, expanding capabilities for this specialty sector within the region. Narińo has more than 20 years’ experience...
Apr 11 2016 // Bermuda-based specialty insurer Ironshore Inc. said it will acquire the remaining 80 percent equity interest in Lexon Surety Group and its surety-related affiliates. Ironshore said it will be an all-cash transaction.Lexon...
Mar 31 2016 // A Portland, Ore.-based electricity provider that fired the contractor building its natural gas plant in Boardman is suing the backers of a bond guaranteeing construction.The East Oregonian reported Portland General...
Mar 17 2016 // Marsh announced that Rob McDonough is joining the broker to lead its Construction & Surety Practice in the Northeast. In this role, McDonough will be responsible for overseeing Marsh’s risk advisory and...
Feb 1 2016 // Specialty lines broker, RKH Specialty, part of the Hyperion Insurance Group, has acquired the UK’s largest independent specialist Surety broker, PMG Financial Services Ltd., subject to regulatory approval.Barnaby...
Dec 9 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced that it is entering the Surety market in Asia and has appointed Andrew Ho as Vice President, Head of Surety, Asia, based in Singapore.“Our expansion...
Dec 2 2015 // ACE Ltd. announced the leadership team it has appointed for the company’s Global Surety business unit, which will take effect upon completion of the acquisition of Chubb, expected in the first quarter of 2016.As...
Oct 22 2015 // A group of carwash owners have filed a lawsuit against New York City charging a new law illegally favors unionized carwashes.The Association of Car Wash Owners lawsuit centers on rules that require owners of nonunionized...
Sep 23 2015 // QBE Emerging Markets – Asia Pacific announced that its group general manager of Credit & Surety, Richard Wulff, will be relocating to Hong Kong from Singapore, effective January 2016.Wulff is relocating to...
Sep 9 2015 // Willis North America has appointed David S.J. Wightman, as senior vice president and West Region surety practice leader, Willis North America. He is based in Houston.Wightman joins Willis from Aon where he most recently...
Sep 1 2015 // The U.S. Department of the Treasury has raised The Main Street America Group’s NGM Insurance Company’s single surety bond capacity threshold to $93.4 million. The Jacksonville, Fla.-based super-regional...
Aug 4 2015 // The Main Street America Group announced it has received regulatory approval from the Louisiana Department of Insurance to write commercial surety and fidelity bonds in the state. The business will be underwritten through...
Jun 26 2015 // Scott Mandeville has joined the ACE Group as vice president, Surety Underwriting, and regional manager for the Surety division in the Western region. The division includes the states of Alaska, Arizona, California,...
Jun 2 2015 // Alpha Natural Resources Inc. no longer qualifies for a government program that subsidizes a share of mine cleanup insurance, requiring the coal company to find another way to cover roughly $400 million in liabilities,...
Mar 31 2015 // Louis E. Jones had a reputation in the insurance industry as a common sense underwriter, and there were few contractors and home builders that he did not touch over the years, his friends say.Jones was born Nov. 9, 1931....
Mar 24 2015 // The Main Street America Group has received regulatory approval from the State of Mississippi Insurance Department to write commercial surety and fidelity bonds in the state, which will be underwritten through the...
Jan 28 2015 // QBE European Operations, the group’s business insurance specialist, announced the appointment of Tom Johnson as Surety Underwriter within QBE’s Trade Credit and Surety department. He will take up his role in...