Latest Surety Headlines

All the headlines from our Surety Topic Page, ordered by recency.

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...

HCC Insurance to Acquire Surety Company of the Pacific

Dec 3 2008 // HCC Insurance Holdings Inc. announced it has executed an agreement to acquire Surety Company of the Pacific (SCP), a writer of license and permit bonds headquartered in Encino, Calif. This transaction is subject to...

Cavignac & Associates Names Hitt Surety Accounting Manager

Nov 14 2008 // Lisa Hitt has been hired by Cavignac & Associates, a San Diego-based risk management and commercial insurance brokerage firm, as surety department accounting manager. Hitt brings to Cavignac & Associates 24 years...

Capitol Names Allen President of Surety and Fidelity Operations

Oct 10 2008 // Middleton, Wis.-based Capitol Insurance Cos. (“Capitol”) recently announced that Richard W. Allen III, currently senior vice president of Surety & Fidelity Underwriting, has been named president of Surety...

Three New Surety Team Executives Join Marsh from Aon

Sep 29 2008 // Marsh announced that three new executives – Steve Powney, Steven Lewis and Tricia Burgess – have all joined its International Surety Practice from Aon’s Surety and Guarantee team. Powney will lead the...

Travelers, Chubb Stop AIG Surety Business: Marsh

Sep 24 2008 // Insurers Travelers Cos Inc and Chubb Corp will no longer issue surety bonds with American International Group Inc as a co-participant, according to insurance brokerage Marsh Inc. Surety contracts guarantee the performance...

Surety One Rolls Out Embezzlement Protection for Cafe Owners

Sep 22 2008 // Raleigh, North Carolina-based Surety One, a member of The Poindexter Group of Companies, announced the national roll-out of its specialty fidelity bond product for coffee/teahouse and cafe owners. Available in $5,000 to...

Cindy Downs

Aug 21 2008 // Dallas-based wholesale insurance broker and managing general agent Towerstone Inc. has added four new members to its team. Cindy Downs was added as a senior underwriter in the firm’s MGA unit. Downs formerly was a...

MHBT VP to Serve on Board of National Surety Bond Producers Group

Jun 30 2008 // Donnie Doan, a vice president in the bond department of Dallas-based McQueary Henry Bowles Troy L.L.P. (MHBT), was named to the 2008-09 board of directors for the National Association of Surety Bond Producers (NASBP). In...

Zurich Names Riordan New President of Surety, Credit, and Risk Group

May 9 2008 // Zurich North America Commercial recently announced it has named Daniel W. Riordan president of its Surety, Credit and Political Risk group. This newly created group combines Zurich’s Surety group, a leading provider...