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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.
CNA Financial Corporation is a financial corporation based in Chicago, Illinois, United States. Its principal subsidiary, Continental Casualty Company (CCC), was founded in 1897, and The Continental Insurance Company (CIC) was organized in 1853. [ 2 ]
CNA Announces Sale of Surety Company & Agency to California Contractors Insurance Services CHICAGO--(BUSINESS WIRE)-- CNA Financial Corporation (NYS: CNA) today announced that it has completed the ...
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 ...
Third-party fidelity bonds protect businesses against intentionally wrongful acts committed by people working for them on a contract basis (e.g., consultants or independent contractors). In business partnerships, it is the responsibility of the business working as a contractor or subcontractor to carry third-party fidelity bond coverage, though ...
I bonds are a type of U.S. government-issued savings bond. But many investors will tell you that they aren’t just another investment, they’re a gift that keeps on giving.
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