HCC Acquiring US Surety
NU Online News Service, 2:23 p.m. EDT?HCC Insurance Holdings in Houston announced today that it had reached an agreement to acquire United States Surety Company for an undisclosed amount, payable in HCC shares.[@@]
USSC, founded in 1996, is a surety company based in Timonium, Md., specializing in contract bonding for small and medium-sized contractors in Maryland, Pennsylvania and several other contiguous states.
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