surety bond capacity News

Main Street America’s Surety Bond Capacity Increased to $98M

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 $98.6 million. The super-regional property/casualty insurance carrier’s previous capacity was $93.4 million. According to Main Street America, the …

QBE Approved by Treasury for $73.5 Million in Surety Bond Capacity

QBE Insurance Corp. (QBEIC) has been approved by the United States Department of Treasury as a Certified Company with an underwriting limitation (also referred to as a Treasury Listing) of $73.5 million per bond. This builds upon a previously approved …

Treasury Increases Main Street America’s Surety Bond Capacity to $93.4 Million

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 property/casualty insurance carrier’s previous capacity was $90.5 million. According to a statement …