CNA Surety Corporation
One of the largest surety companies in the US, CNA Surety offers contract and commercial surety bonds, which guarantee fulfillment of contracts. The company's Western Surety unit handles fidelity, commercial, and contract bonds and international surety and credit insurance; Surety Bonding, another subsidiary, specializes in commercial and contract bonds to small businesses. Contract surety (for construction contractors) accounts for nearly two-thirds of CNA Surety's premiums. CNA Surety sells its products in all 50 states through a network of independent agents and brokers. CNA Financial owns 62% of CNA Surety and has offered to acquire the balance.
Contact Details
Executives
Chairman
David B. Edelson
President, CEO, and Director
John F. Welch