Latest Surety Headlines
All the headlines from our Surety Topic Page, ordered by recency.
Arch Re to Buy Aspen Re’s Global Credit and Surety Reinsurance Business
Nov 22 2019 // Arch Reinsurance, a subsidiary of Arch Capital Group Ltd., is acquiring Aspen Reinsurance’s global credit and surety reinsurance business after Aspen Re decided to exit the line. In addition to the renewal rights on...
Accredited Surety Unveils Program Underwriting Partnership for Western States
Oct 29 2019 // Accredited Surety and Casualty Co. Inc., a Florida-domiciled insurance company licensed to write admitted business in all 50 states, has entered into a new program partnership with M.G. Skinner & Associates Insurance...
Schweisthal Named Asst. Surety Underwriter at J.M. Wilson in Indiana
Oct 25 2019 // Managing general agency and surplus lines broker J.M. Wilson has added Grant Schweisthal as an assistant surety underwriter in its Carmel, Indiana, office. He is responsible for assisting surety underwriters on a wide...
BHSI Enters Australia Surety Market, Hiring Griffiths from Liberty Specialty to Lead Team
Oct 21 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it is entering the surety market in Australia and has named Jonathan Griffiths as head of Surety, Australia. BHSI will focus on providing contract surety solutions...
Tokio Marine HCC Expands Surety Team in France with 2 Hires from Zurich Insurance
Oct 8 2019 // Tokio Marine HCC announced the appointment of Jennifer Metcalfe as senior surety underwriter – France, effective Sept. 16. She reports to Aymeric Vinet Desrues, head of Surety – France, who was appointed in...
Liberty Mutual Surety Taps Schrift to Develop Subcontractor Default Insurance Offering
Aug 20 2019 // Liberty Mutual Surety has appointed Douglas Schrift and charged him with developing the company’s Subcontractor Default Insurance (SDI) offering. SDI is a two-party catastrophic insurance coverage that protects...
Surety Specialists Feighl, Hohlt Join EPIC in Houston
Jul 24 2019 // San Francisco-based EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has added Eric Feighl and John Hohlt in its Houston office. Feighl has joined...
J.M. Wilson Promotes Tucker-Lorenz to Surety Underwriter in Indiana
Jul 24 2019 // J.M. Wilson has promoted Shelly Tucker-Lorenz to surety underwriter in its Carmel, Indiana, office. With this new role, she is responsible for underwriting new and renewal commercial and contract bonds, corresponding with...
BondExchange Upgrades Surety Bond Platform to Include Self-Service
Jun 27 2019 // BondExchange has upgraded its surety bond platform to give agents their own branded portal to directly distribute bonds to their clients. The original platform launched in 2016 and now serves over 25,000 agents across the...
New York’s NFP Promotes Hyland to Its Surety Division
May 9 2019 // NFP, a New York, N.Y.-headquartered insurance broker and consultant that provides employee benefits, property and casualty, retirement and individual products, has named John Hyland, senior vice president of NFP Property...
Bailey Named Surety Underwriting Manager at Iowa’s UFG Insurance
May 8 2019 // Cedar Rapids, Iowa-based UFG Insurance has hired Scott Bailey as surety underwriting manager. He will succeed current surety underwriting manager, Art Fearn, who is retiring after a successful 15-year career with the...
Liberty Mutual to Acquire AmTrust’s Surety, Credit Reinsurance Business
Apr 15 2019 // Liberty Mutual Insurance said it has agreed to acquire the global surety and credit reinsurance operations of property/casualty insurer AmTrust Financial Services. Terms of the deal were not disclosed. Upon closing,...
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...
