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CNA, the current parent company, was incorporated in 1967. CNA is the seventh largest commercial insurer in the United States as of 2018. [3] CNA provides property and casualty insurance products and services for businesses and professionals in the U.S., Canada, and Europe. CNA itself is 90% owned by a holding company, Loews Corporation. [4]
Western Surety Company is an insurance company based in Sioux Falls, South Dakota. It was founded in 1900 by attorney Joe Kirby [1] who periodically needed court bonds in connection with his law practice. [2] Headquartered in Sioux Falls, the company was run for decades by four generations of Kirbys.
A surety bond is defined as a contract among at least three parties: [1] the obligee: the party who is the recipient of an obligation; the principal: the primary party who will perform the contractual obligation; the surety: who assures the obligee that the principal can perform the task; European surety bonds can be issued by banks and surety ...
On May 1, 2017, Markel Corp. acquired SureTec Financial Corp., one of the largest privately owned surety companies in the US. On July 26, 2017, Markel Corp. announced their plans to acquire majority interest in Costa Farms and their related operating companies. Costa Farms is the largest producer of ornamental plants in the world. [33]
Surety bond insurance is a three-party insurance guaranteeing the performance of the principal. The demand for terrorism insurance surged after 9/11 . Volcano insurance is a specialized insurance protecting against damage arising specifically from volcanic eruptions .
Aetna Inc. (/ ˈ ɛ t n ə / ET-nə) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.
In its most recent annual report, for 2023, Lloyd's reported an underwriting profit of £5.91bn, plus a £4.75bn gain on investments to produce an overall pre-tax profit of £10.66bn, compared to a pre-tax loss of £769m in 2022. The 2023 calendar-year combined ratio was 84 per cent, which was Lloyd's best result since 2007.
Texas Senate Bill 4 (Texas S.B. 4) is a Texas state statute enacted by the Texas Legislature and signed into law by governor Greg Abbott on December 18, 2023. The bill allows state officials to arrest and deport migrants who enter the state illegally. [1] Senate Bill 4 is the subject of United States v.