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Small & Emerging Contractors

 

Recent Treasury List Updates (Additions or Terminations)

Treasury Department, Circular 570, Surety Companies Acceptable on Federal Bonds

 

Date of Federal Register Notice
 Company
NAIC #
Addition/Termination
November 20, 2014 Electric Insurance Company 21261Addition 8
October 31, 2014
 Progressive Northwestern Insurance Company42919Addition 7
July 1, 2014 First National Insurance Company of America24724Termination 6
July 1, 2014 Northwestern Pacific Indemnity Company20338Termination 6
May 8, 2014 Amerisure Insurance Company 19488Addition 5
May 8, 2014 Amerisure Partners Insurance Company 11050 Addition 5
April 18, 2014
 ACE American Insurance Company22667Addition 4
April 18, 2014
 ACE Property and Casualty Insurance Company20699Addition 4
April 18, 2014
 Bankers Standard Insurance Company18279Addition 4
April 18, 2014
 Indemnity Insurance Company of North America43575Addition 4
April 18, 2014
 Insurance Company of North America22713Addition 4
April 18, 2014
 Starr Indemnity & Liability Company38318Addition 3
April 11, 2014
 CUMIS Specialty Insurance Company
12758
Addition
February 18, 2014 Kansas Bankers Surety Company 15962Termination 2
 Ironshore Indemnity Inc. 23647Addition
 Ironshore Specialty Insurance Company 25445Addition
June 12, 2013 Safeco National Insurance Company 24759Termination 1
June 12, 2013 Safeco Insurance Company of Illinois 39012Termination 1
June 12, 2013 General Insurance Company of America 24732Termination 1
June 12, 2013 American States Insurance Company 19704Termination 1
June 12, 2013 American Economy Insurance Company 19690Termination 1
March 29, 2013 Ohio Security Insurance Company 24082Addition
March 8, 2013 Atlantic Specialty Insurance Company27154Addition
December 19, 2012
 Universal Insurance Company
31704
Termination
December 19, 2012
 ULLICO Casualty Company (ULLICO as advised SFAA that the company is no longer doing business in the surety line.)
37893
Termination

 

Printable PDF Version (11/20/2014)

Department of the Treasury's Listing of Certified Companies (external link)

Supplements to the Circular 570 (external link)


8  The company has an underwriting limitation of $52,256,000 and is incorporated in Massachusetts, where it is domiciled.

7 A Certificate of Authority as an acceptable surety on Federal bonds has been issued to Progressive Northwestern Insurance Company (NAIC# 42919), which has an underwriting limitation of $37,157,000 in the following states: AK, CA, CT, DC, HI, IN, IA, KS, LA, MD, MS, MT, NV, NM, NY, OH, OR, SD, UT, VA, WA, and WV. Incorporated in Ohio.

6 First National Insurance Company of America (NAIC #24724) and Northwestern Pacific Indemnity Company (NAIC #20338) each have relinquished their Treasury Certificate of Authority voluntarily, effective June 30, 2014.

5 The U.S. Department of the Treasury has issued an update to Circular 570, the list of surety companies acceptable to write federal bonds. The following companies have been added:

Amerisure Insurance Company (NAIC #19488), which has an underwriting limitation of $21,566,000. The company is incorporated in Michigan and is licensed to do business as surety in the following states: AL, AK, AZ, AR, CO, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY.

Amerisure Partners Insurance Company (NAIC #11050), which has an underwriting limitation of $2,215,000.  The company is incorporated in Michigan and is licensed to business as surety in the following states: AL, AK, AZ, AR, CO, DE, DC, GA, HI, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NV, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY.

 

4 Certificates of Authority have been issued to the following companies in the ACE USA Group:

  • ACE American Insurance Company (NAIC # 22667), which has an underwriting limitation of $267,699,000.  The company is incorporated in Pennsylvania and is licensed as surety in the following states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, VI, WA, WV, WI, and WY.

  • ACE Property and Casualty Insurance Company (NAIC # 20699), which has an underwriting limitation of $192,047,000. The company is incorporated in Pennsylvania and is licensed as surety in the following states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE., NV, NH, NJ, NM, NY, NC, ND, OH, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, and WI.

  • Bankers Standard Insurance Company (NAIC # 18279), which has an underwriting limitation of $13,206,000. The company is incorporated in Pennsylvania and is licensed in AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SD, TN, TX, UT, VT, VA, WA, WI, WY.

  • Indemnity Insurance Company of North America (NAIC # 43575), which has an underwriting limitation of $10,534,000. The company is incorporated in Pennsylvania and is licensed as surety in the following states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, VI, WA, WV, WI, and WY.

  • Insurance Company of North America (NAIC # 22713), which has an underwriting limitation of $18,284,000. The company is incorporated in Pennsylvania and is licensed as surety in the following states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY.

 3 The Department has issued a Certificate of Authority to Starr Indemnity & Liability Company (NAIC #38318).  The company has an underwriting limitation of $186,511,000. The company is incorporated in Texas and is licensed as surety in the following states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY.

2 Effective immediately, Kansas Bankers Surety Company (NAIC#15962) had its certificate of authority terminated. Effective December 31, 2013, Kansas Bankers was merged into Berkshire Hathaway Homestate Insurance Company as an operating division. Therefore Kansas Bankers does not exist as a separate entity.

1 The Liberty Mutual Group requested the US Treasury Department to "de-list" certain Liberty Mutual Group underwriting companies that had minimal or no surety business written through those underwriting companies. Any remaining surety business business on those underwriting companies is being assumed by the primary Liberty Mutual Group underwriting companies utilized for surety business.

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