HCC Surety Group History

HCC Surety Group ("HCCS") was formed in June 2004 following the purchase of American Contractors Indemnity Company ("ACIC"), a California-domiciled surety specializing in contract, court, license & permit and bail bonds. In February 2005 HCCS expanded with the purchase of United States Surety Company ("USSC"), a Maryland-domiciled surety specializing in contract bonds. In 2007 and 2008, HCCS expanded further via the purchase of Pioneer General Insurance Company and Surety Company of the Pacific. In addition HCCS maintains a strategic investment in IndemCo, L.P., an underwriting manager of energy-related surety bonds.