Latest Surety Headlines
All the headlines from our Surety Topic Page, ordered by recency.
Baus Selected National Surety Leader at Westfield Insurance
Oct 19 2011 // Westfield Insurance, headquartered in Westfield, Ohio, has selected Dennis Baus to lead the company’s surety operations. Baus assumes the national surety Leader responsibilities on Jan. 1, 2012, replacing Rick...
Aon Hires Willis Executive to Lead Contract Surety Unit in Boston
Oct 13 2011 // Aon Risk Solutions appointed Paul Healy as executive vice president and national managing director of contract surety. Based in Boston, Healy will lead Aon’s national contract surety unit, which helps contractors and...
Louisiana Court Orders Injunction Against Insurance Fraud Ring
Sep 19 2011 // A Louisiana court has ordered a permanent injunction against members of an insurance fraud ring, banning them from further involvement in the insurance business in that state. Louisiana Insurance Commissioner Jim Donelon...
Louisiana Court Orders Injunction Against Insurance Fraud Ring
Sep 9 2011 // Insurance regulators in Louisiana say a court has ordered a permanent injunction against members of an insurance fraud ring, banning them from further involvement in the insurance business in that state. Louisiana...
Argo Surety Expands Capacity, Establishes Presence in Chicago
Aug 24 2011 // Argo Surety, a member ofArgo Group International Holdings, has established a presence in the Chicago area with the appointment of Dan Carlson as vice president for North Central and Western U.S. Regions. In addition, it is...
Ullico Casualty, Philadelphia Partner to Offer Surety to Union Contractors
Jul 11 2011 // Ullico Casualty Group, Inc. and Ullico Casualty Co. have formed a strategic alliance with property and casualty insurance carrier Philadelphia Insurance Cos. The partnership allows Philadelphia to deliver contract and...
Travelers Acquires Interest in Brazilian Surety Insurer JMalucelli
Jun 21 2011 // The Travelers Companies announced that the company has completed its acquisition of a 43 percent interest in JMalucelli Participações em Seguros e Resseguros S.A., the market leader in the surety insurance business in...
Texas Insurance Executive Named President of Surety Bond Producers Association
Jun 1 2011 // John M. Rindt, executive vice president of the Surety Division of JDW Insurance, an El Paso, Texas-based insurance agency, has been installed as the president of the National Association of Surety Bond Producers...
Surety & Fidelity Association Elects Chubb’s Vispoli as Chair
May 11 2011 // The Surety & Fidelity Association of America has elected Tracey Vispoli, senior vice president, Chubb Group of Insurance Companies, as chair of the board for 2011-2012. Vispoli is the global manager for Chubb’s...
Aspen Adds Two Execs to U.S. Surety Unit
Apr 12 2011 // Specialty insurer Aspen has added two execs to its Connecticut-based U.S. surety team. James Mercier will serves as senior vice president, associate general counsel and claims, surety. Scott Sadowsky will serve as senior...
Aspen Launches U.S. Surety Unit
Mar 10 2011 // Specialty insurer Aspen has established a surety unit that will focus on public and private commercial and non-construction surety. Michael Toppi, executive vice president of Aspen U.S. Insurance, will lead the unit....
CNA Looks to Buy Remaining Shares of CNA Surety
Feb 4 2011 // CNA Surety Corp. reported net income for the fourth quarter of 2010 of $54.5 million compared to $49.3 million for the same period in 2009. For the year ended Dec. 31, 2010, net income was $134.4 million compared to $117.9...
Lischer Joins IMA of Colorado’s Surety Team
Jan 25 2011 // IMA of Colorado, Inc., a retail insurance brokerage based in Denver, has appointed Michael Lischer a surety account executive. IMA of Colorado is part of the IMA Financial Group Inc., a financial services company...
Willis Appoints Baechle as SVP of Illinois Surety Practice
Dec 16 2010 // Mark Baechle has been appointed senior vice president of Willis of Illinois Inc.’s Surety Practice, effective immediately. He will be responsible for managing the Surety operation in Willis’ Chicago...
Zurich North America Names Several Appointments in Surety
Dec 10 2010 // Zurich’s North America made several key appointments to its specialty lines Surety unit. The insurer promoted Michael Bond to head of Surety. In his 12 years with Zurich, Bond has had responsibility for numerous...
Zurich in Alliance with Italy’s SACE to Promote Global Surety Business
Dec 2 2010 // Zurich North America announced from its Illinois headquarters that its International Surety, Credit & Political Risk group has executed an alliance agreement with SACE, Italy’s insurance and financial group...
XL Adds Two Execs to Lead Surety Division
Nov 15 2010 // Insurer XL appointed David S. Hewett as executive vice president and William J. Mills Jr. as senior vice president to lead its surety division. Hewett joins XL from Zurich where he served as executive vice president and...
Travelers to Acquire Interest in Brazilian Surety Specialist J. Malucelli
Nov 5 2010 // The Travelers Companies announced that it has entered into a joint venture agreement under which it will invest in J. Malucelli Participações em Seguros e Resseguros S.A., “the market leader in the...
Great American Unveils Commercial Surety Online Underwriting System
Aug 5 2010 // The Bond Division of Great American Insurance Group, headquartered in Cincinnati, Ohio, announced the launch of mySurety, a commercial surety online underwriting and bond issuance system, a Web-based platform for agents to...
Hanover Expands Western Surety Business With ICW Group Agreement
Aug 2 2010 // Worcester, Mass.-based The Hanover Insurance Group Inc. has closed on an agreement with ICW Group that is designed to enhance The Hanover’s surety capabilities in the West, including Arizona, California, Colorado,...
