Core Specialty completes American Surety takeover
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Core Specialty completes American Surety takeover

The insurer appointed industry veteran Tim Martin as surety division president.

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Core Specialty has completed its cash-and-stock acquisition of American Surety and Underwriters Surety.

The deal establishes Core’s 17th business unit, adding to the bond, credit and guarantee subsegment, and includes a Treasury listing providing access to other bonding opportunities.

The

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