XL Capital Assurance Inc. (XLCA) has received its financial guarantee license from the State of California and opened an office in Walnut Creek. Neil Pack, managing director for West Coast public finance, heads the Walnut Creek office.
“XLCA continues to expand—and has virtually completed—its licensing platform,” said David Stevens, president of XLCA. “With the California license, we will be able to provide AAA-rated credit enhancement to issuers and investors in that state who are seeking a new name of the highest quality, as well as substantial capacity.”
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Truckers Who Fail English Tests Are Pulled Off Roads in Crackdown 
Florida Jury Returns $779M Verdict for Family of Security Guard Killed at Gambling Cafe 
Owner of Historic Minnesota Resort Charged With Arson, Insurance Fraud 
Zillow Deleting Home Climate Risk Scores Reveals Limits of Flood, Fire Data 
