Regulation & law · 22/10/2009
Surety Companies Accepted on Federal Bonds to Expire: Excelsior Insurance Company, Peerless Indemnity Insurance Company, Consolidated Insurance Company, Indiana Insurance Company, The Netherlands Insurance Company, and The Midwestern Indemnity Company
The U.S. Treasury Department has announced that certain surety companies, including Excelsior Insurance Company, Peerless Indemnity Insurance Company, Consolidated Insurance Company, Indiana Insurance Company, The Netherlands Insurance Company, and The Midwestern Indemnity Company, will no longer be accepted on federal bonds, effective July 1, 2009, as stated in Supplement No. 3 to Treasury Department Circular 570, 2009 Revision, published on July 1, 2009.