December 13, 2011
Torus has entered the U.S. surety market with the launch of Torus Surety and the acquisition of First Sealord Surety Inc. The deal should be finalized in January 2012. Torus Surety will focus on providing contract surety in the United …
December 13, 2011
A.M. Best Co. has placed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Penna.-based First Sealord Surety, Inc. (FSSI) under review with negative implications. The rating action reflects the “significant operating loss as of …
