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The American Surety Building was the first New York City skyscraper to use a full steel skeleton. [10] [11] [12] [b] The American Surety Building was also one of the earliest buildings on street corners whose articulation consisted of three horizontal sections similar to the components of a column (namely a base, shaft, and capital).
The North American Trust Company was organized in early 1886, with a capital of $1 million. At the end of 1897, the company report announced that it had resources of about $5.5 million, an increase from about $5.1 at the end of 1896. At the start of 1898, the company was located in the American Surety Building at 100 Broadway. [1]
In finance, a surety / ˈ ʃ ʊər ɪ t i /, surety bond, or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee ) a certain amount if a second party (the principal ...
Now Alleghany Corporation focuses on the insurance business (property, casualty, surety and fidelity insurance). Until his death in February 2011, Allan Kirby's son, Fred M. Kirby 2nd, was the chairman of the board and a sometime member of the Forbes 400 list of richest Americans. [6]
The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.
Liberty Mutual Insurance Company is an American diversified global insurer and the sixth-largest property and casualty insurer in the world. [3] It ranks 71st on the Fortune 100 list of largest corporations in the United States based on 2020 revenue. [4]
(Reuters) - A U.S. appeals court on Friday rejected a request by Turkey's Halkbank to reconsider a ruling holding that the U.S. Department of Justice could prosecute the state-owned bank on ...
Kansas Bankers Surety Company (KBS) is an insurance company based in the United States. It is a wholly owned subsidiary of Berkshire Hathaway , the investment vehicle of Warren Buffett . It specializes in the writing of surety bonds for the officers of small, state chartered banks in the Midwestern United States .