Latest Surety Headlines
All the headlines from our Surety Topic Page, ordered by recency.
CNA Central, CNA Surety Now Back Online; Work on Other Portals Continues
Apr 6 2021 // CNA Insurance said it continues to make progress in restoring its operations following a March 21 cyber attack. Today it announced that cna.com, including CNA Central and cnasurety.com, are back online. This means that...
Bernhard Capital Forges Partnership with Louisiana’s Gray Casualty & Surety
Mar 22 2021 // A group of investors led by Bernhard Capital Partners Management LP (Bernhard Capital), a services and infrastructure-focused private equity management firm, has entered into an agreement to make a significant investment...
Maintaining Surety Credit in Times of Growth and Transition
Mar 4 2021 // This post is part of a series sponsored by Old Republic Surety. Growth, expansion and acquisitions are all good, right? Not necessarily. Here’s what you need to know to keep your construction company in good standing...
Newfront Insurance in California Adds AmTrust Surety’s Spruill-Iqbal
Feb 18 2021 // San Francisco, Calif.-based Newfront Insurance has named Lindsay Spruill-Iqbal a principal and surety producer. Spruill-Iqbal joins Newfront from AmTrust Surety. Spruill-Iqbal has more than 15 years of marketing and...
Skyward Specialty Insurance Group Acquires Aegis Surety, Sells XPro
Jan 22 2021 // Skyward Specialty Insurance Group Inc. has acquired Aegis Surety and simultaneously sold XPro, which provides solutions for the pest control industry. K2 Insurance Services is both the seller of Aegis Surety and the buyer...
Bond to Lead Expanded Markel Surety Practice with $500M in Capacity
Jan 7 2021 // Markel Surety, a part of Markel Corp.’s Markel’s Specialty division, has increased its capacity offering to $500 million for the most qualified accounts with the establishment of a National Accounts...
Hudson to Acquire Pennsylvania’s Allegheny Group and Its Surety Operations
Nov 20 2020 // Specialty insurer Hudson Insurance Group has agreed to acquire the Allegheny Group Inc. (AGI) and its subsidiaries from its private shareholders. Hudson, by acquiring Pennsylvania-based AGI, will own Allegheny Surety Co.,...
Arch Insurance N. America Hires Former Guarantee CEO Ruschak as EVP, Surety
Nov 17 2020 // Arch Insurance North America announced that Stephen Ruschak has been hired as executive vice president, Surety. Ruschak most recently was chief executive officer of The Guarantee Company of North America. In this role,...
UFG Insurance Names Lavallee as UFG Surety New England Branch Manager
Nov 6 2020 // UFG Insurance has named Dave Lavallee as UFG Surety branch manager of the New England surety branch. Lavallee has previously served as surety branch manager for Tokio Marine HCC for the last 12 years. He has experience in...
QBE Appoints Mann Head of Credit & Surety in North America
Aug 20 2020 // Insurer QBE has named Harpreet Mann as head of Global Credit & Surety for its North America division. In this role, she will develop strategy for enhancing the this book of business in North America while building...
Amynta Group Acquires Surety Operations of Aspen Insurance
Jul 17 2020 // Amynta Group, a provider of property/casualty and warranty protection products and services, has acquired the surety operations of Aspen Insurance. The business will now operate as Amynta Surety Solutions. As part of the...
Talisman Casualty to Offer Surety Program for Captives
Jul 7 2020 // Talisman Casualty Insurance Co. of Nevada has launched a surety program designed to help its captive clients avoid the possibility of losses caused by a failure on the principal’s part to meet the obligations of...
Marsh JLT Special Names Johnson Chair of UK Construction, Infrastructure & Surety
Jul 1 2020 // Marsh, the insurance broker and risk adviser, announced the appointment of Mike Johnson as chairman of the UK Construction, Infrastructure & Surety Practice, Marsh JLT Specialty. Effective immediately, Johnson succeeds...
Woodruff Sawyer’s Munekawa Elected NASBP President
Jun 11 2020 // Mark Munekawa, senior vice president and surety manager at San Francisco, Calif.-based Woodruff Sawyer has been elected the 2020-2021 president of the National Association of Surety Bond Producers. NASBP is the association...
Insurance Office of America Appoints Tresidder as Director of Surety
Feb 26 2020 // Insurance Office of America (IOA) has added Michael J. Tresidder to its team. Tresidder has been appointed director of surety, which is a newly created position, and he will be based in IOA’s Syracuse, N.Y,...
Missouri’s POWERS Insurance & Risk Management Launches Surety Bonds Division
Feb 25 2020 // St. Louis, Missouri-based POWERS Insurance & Risk Management has opened a new division: POWERS Surety Bonds. The new national division will focus on bond products and services for all surety programs to help safeguard...
Liberty Mutual Surety Launches Product Line for Small, Mid-Size Contractors
Jan 17 2020 // Liberty Mutual Surety has launched a new product line dedicated to contract transactional and small- to mid-sized surety business. Liberty Mutual Surety Plus is available through independent agents and serves contractors...
Berkshire Hathaway Specialty Taps AIG’s Adams as Head of Surety, Canada
Dec 5 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its global surety team with the addition of Andrew Adams as head of Surety in Canada. In this new role, Adams will establish and expand BHSI’s...
Philadelphia Insurance Promotes Cundiff to Lead Surety Division Nationwide
Dec 3 2019 // Philadelphia Insurance Companies, a commercial property/casualty and professional liability insurer, announced the promotion of Michael Cundiff from vice president to senior vice president of Surety. Cundiff will succeed...
AssuredPartners Acquires Surety Solutions Insurance Services in California
Nov 25 2019 // AssuredPartners Inc. has acquired Surety Solutions Insurance Services Inc. of Rancho Cordova, Calif. The team of 15 will remain under the leadership of John Page and Ryan Tash. Surety Solutions is licensed in all 50...
