Latest Surety Headlines
All the headlines from our Surety Topic Page, ordered by recency.
The Hanover Expands Western Surety Business With ICW Group Agreement
Jul 14 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,...
OnPoint Underwriting Adds Surety Bond Coverage for Tribal Clients
Jun 9 2010 // OnPoint Underwriting, a managing general agency, now has the ability to write tribal surety with a large carrier with more than 15 years of experience serving tribal nations. The carrier, rated “A” with A.M....
Cavignac & Associates Appoints Brouwer Surety Department Manager
Jun 9 2010 // San Diego-based risk management firm Cavignac & Associates has named Gerrit (Gary) Brouwer surety department manager. A 29-year veteran of the surety bond industry, Brouwer will serve as the primary liaison between the...
Stein to Lead Western National’s New Surety Business
May 11 2010 // Western National Insurance Group, headquartered in Edina, Minn., has hired Daniel E. Stein to lead the group’s upcoming entry into surety business. Stein joins Western National with more than a decade of...
Liberty Mutual Surety Introduces Liberty SuretyFirst
Apr 22 2010 // Liberty Mutual Surety has introduced Liberty SuretyFirst as its new operating unit exclusively serving independent agents whose customers have small to mid-sized bonding capacity needs. Liberty SuretyFirst provides the...
Oklahoma’s Insurica Adds Rosenhamer to Surety Practice
Apr 19 2010 // Oklahoma City-based Insurica Insurance Management Network has hired Dillon B. Rosenhamer of Edmond, Okla., to augment the company’s surety practice. Rosenhamer has experience in the banking industry, most recently as...
Florida Orders Infinity Surety, Abba Bonding to Halt Sales
Apr 9 2010 // Florida insurance regulators have ordered two firms to stop selling unauthorized surety insurance. The Office of Insurance Regulation (OIR) issued an order to Infinity Surety Co., Infinity Surety Agency and its president...
Zurich Surety, Credit in Alliance with Korea Export Insurance Corp.
Feb 24 2010 // Zurich announced that its North America Surety, Credit & Political Risk group has completed a Memorandum of Understanding (MOU) with the Korea Export Insurance Corporation (KEIC), an export insurance agency supported...
Louisiana Files Suit Against Surety Bond Insurer with Texas Ties
Jan 10 2010 // The Louisiana Department of Insurance filed a lawsuit in late December 2009 against Infinity Surety of Louisiana Inc., Infinity Surety Agency LLC and George D. Black (collectively, Infinity Surety) alleging the firm has...
Little Joins Cavignac & Associations as Surety Account Manager
Jan 6 2010 // Mark Little has been hired by San Diego-based Cavignac & Associates as surety account manager. Little brings to Cavignac & Associates five years of experience in the construction and surety industry. In his new...
Main Street America Acquires Texas Surety Business from CAIC
Jan 4 2010 // Houston-based CAIC Holding Co.Inc. (CAIC) has sold its surety division to property/casualty insurance carrier The Main Street America Group, based in Jacksonville, Fla. The firms said the agreement is effective Jan. 4,...
New Requirements Drive Need for Surety Bonds in Texas and Arkansas
Dec 14 2009 // At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide. Brokers in both states are working to stay on top of the new mandates....
New Requirements Drive Need for Surety Bonds
Dec 6 2009 // At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide. “This past year has seemed to be especially active statutorily...
Requirements Drive Need for Surety Bonds
Dec 6 2009 // At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide. “This past year has seemed to be especially active statutorily...
HCC Insurance Holdings Forms Texas Regional Surety Office
Oct 6 2009 // Houton-based HCC Insurance Holdings Inc. has appointed Paul A. “Tony” Yasilli, Jr. as a vice president and regional director of American Contractors Indemnity Company and U.S. Specialty Insurance Company,...
People
Jul 20 2009 // LoriAnn Lowery resigned from her position as president of Lloyd’s North America, after a little more than a year on the job. Sue Langley, Lloyd’s director of market operations and North America, said Lowery,...
United Risk Solutions Adds Two to Staff
Jun 9 2009 // United Risk Solutions Inc. has added two people to its staff. KC Ferguson has joined as senior account manager in the Workers’ Compensation Department, and Reida Robinson will be the manager of the firm’s Bond...
Top 100 Profile: Locked into the Customer at No. 1 Lockton
May 14 2009 // As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout...
Wells Fargo Acquires North Coast Surety Insurance Services
Apr 23 2009 // Wells Fargo Insurance Services Inc., part of Wells Fargo & Co., has acquired the assets of North Coast Surety Insurance Services and North Coast Surety Technologies on April 1. Terms were not disclosed. Based in...
CNA Surety Announces Resignation of Lewis, Chairman, Board of Directors
Dec 19 2008 // CNA Surety Corporation recently announced the resignation of chairman of the board of directors James R. Lewis effective Dec. 31, 2008. Lewis is also stepping down as president and CEO of the property/casualty operations...
