Latest Surety Headlines
All the headlines from our Surety Topic Page, ordered by recency.
Cavignac & Associates in California Adds Rodriguez in Surety Department
Feb 21 2019 // San Diego, Calif.-based Cavignac & Associates has named Jessica Rodriguez an account administrator within the agency’s surety department. Rodriguez serves as the client contact within the department for...
Arthur J. Gallagher Acquires Surety Solutions, and Agency Multiplied in Oregon
Feb 13 2019 // Arthur J. Gallagher & Co. has acquired Salem, Ore.-based Surety Solutions LLC and Agency Multiplied Inc. Terms of the deal were not disclosed. Surety Solutions is a surety focused agency that specializes in offering...
Cavignac & Associates Promotes Hamilton to Surety Department Manager
Jan 25 2019 // Jase Hamilton has been promoted to Surety Department manager at Cavignac & Associates, a San Diego-based risk management and insurance brokerage firm specializing in the design and construction industry. Hamilton...
RLI Promotes Kirk, Schick Within Surety Group
Jan 17 2019 // Peoria, Illinois-based RLI Corp. has promoted Bob Kirk and Brian Schick within its Surety group. Kirk, assistant vice president, Commercial Surety, has been promoted to vice president, Commercial Surety. Kirk succeeds...
IAT Insurance Group Finalizes Acquisition of New Jersey’s IFIC Surety Group
Oct 2 2018 // IAT Insurance Group, a Raleigh, N.C.-headquartered provider of specialty property and casualty products, has finalized its acquisition of Newark, N.J.-headquartered IFIC Surety Group Inc. IFIC consists of International...
Chubb Names Berry as Head of Surety Europe; Griffith as Head of Surety UK, Ireland
Sep 6 2018 // Chubb reports that Mike Berry, who has been head of Surety for the UK and Ireland, will serve as head of Surety for Europe. Jamal Griffith is replacing Berry as head of Surety for UK and Ireland. Berry will be responsible...
Travelers’ Chapman to Lead IAT’s New Surety Unit After IFIC Acquisition
Aug 29 2018 // IAT Insurance Group has hired Ken Chapman as executive vice president, Surety, to lead IAT’s new surety business following IAT’s acquisition of IFIC Surety Group that is expected to close in the third...
Everest Insurance Adds Mann as New Commercial Surety Lead in Houston
Aug 7 2018 // Everest Insurance, a subsidiary of Everest Re Group Ltd., has hired Jessica Mann as vice president, commercial surety lead, working in the company’s Houston office. Mann will be responsible for leading...
How Surety Bonds Are Covering California’s Cannabis Industry
Aug 6 2018 // As the cannabis industry fights for legitimacy across the United States, California is working to maintain its leadership in the niche. In February, the state issued the first-ever surety bond program specifically for the...
South Dakota Moves to Liquidate Surety Insurer ReliaMax
Aug 6 2018 // ReliaMax Surety Co. has been placed into liquidation by the South Dakota Division of Insurance. The South Dakota DOI petitioned the Hughes County Circuit Court on June 12, 2018, to place ReliaMax into liquidation due to...
Atlas General, Accredited Surety to Offer Workers’ Comp Coverage in California
Aug 1 2018 // Atlas General Insurance Services, LLC, a national multi-line program administrator, has added an exclusive new workers’ compensation insurance program with Accredited Surety & Casualty Co. Accredited recently...
South Dakota Moves to Liquidate Surety Insurer ReliaMax
Jul 26 2018 // ReliaMax Surety Co. has been placed into liquidation by the South Dakota Division of Insurance. The South Dakota DOI petitioned the Hughes County Circuit Court on June 12, 2018, to place ReliaMax into liquidation due to...
BondExchange Upgrades Surety Bond Agent Platform
Jul 24 2018 // In response to feedback from its agents, BondExchange, a wholesale surety broker, has upgraded its insurance agent platform bondexchange.com, which offers access to a database of more than 10,000 different surety bonds for...
JLT Re Hires Guy Carpenter’s MacColl to Head Credit, Surety for North America
Jul 16 2018 // JLT Re (North America) has appointed Scott MacColl as head of Credit and Surety for North America. In addition to his role in North America, he will be working with global teams to help build out this specialized practice...
OneBeacon Surety Revamps Leadership Team, Expands Capacity
Jun 21 2018 // OneBeacon Surety Group recently announced changes to its U.S. leadership team. In addition, it is now offering up to $250,000,000 in aggregate surety bond capacity for qualifying clients. Chad Anderson has been named head...
Bonding with California’s Autonomous Vehicle Testing and Deployment Regs
Jun 18 2018 // A new legislative framework for autonomous vehicle testing and deployment in California created this year is expected to lead to a strong wave of development of this technology in the state. In February 2018, the Office of...
Sompo International Completes Acquisition of Lexon Surety
Jun 4 2018 // Bermuda-based specialty insurer Sompo International Holdings has completed the acquisition of the operating subsidiaries of Lexon Surety Group. The deal was first announced in January. Lexon, the second largest independent...
LP Insurance in Nevada Names Cantlon to Lead Surety Efforts
Apr 17 2018 // Reno, Nev.-based LP Insurance Services Inc. has named Andrea Cantlon surety sales executive. Cantlon now leads the surety efforts of LP Insurance throughout the company. The LP Insurance surety team services bonds...
IAT Insurance Group Agrees to Acquire New Jersey’s IFIC Surety Group
Apr 4 2018 // IAT Insurance Group (IAT) has reached a definitive agreement to acquire IFIC Surety Group Inc. for an undisclosed amount. The acquisition signals IAT’s entry into the surety market. The closing of the transaction is...
First Surety Bond Program for California Cannabis Industry OK’d
Mar 5 2018 // California Insurance Commissioner Dave Jones has approved the first surety bond program for the cannabis industry in the California. Continental Heritage Insurance Co. is the first insurer in the state to be approved to...
