HCC Buys Stake In SureTec Financial
NU Online News Service, June 24, 11:34 a.m. EST?Specialty insurer HCC Insurance Holdings, Inc. said its subsidiary, U.S. Specialty Insurance Company, has purchased a 23.5 percent share in SureTec Financial Corp. for $5 million.
Both firms are based in Houston. SureTec is a property-casualty insurance holding company whose subsidiaries specialize in underwriting contract and commercial surety, and providing related financial services.
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