Paul Amstutz retires June 1, 2004:
05 May, 2004

    Paul Amstutz is retiring as President/CEO of NAS Surety Group (formerly Washington International Insurance Company-WIIC) effective June 1, 2004.  His retirement marks the end of a 20 year career as head of the organization.
    Paul was hired by WIIC in December 1983 to head up the newly formed Contract Surety Division.  In 1987 Paul was appointed President/CEO of WIIC and mastered several changes that were to have a lasting influence on the company.  Through his knowledge of the industry and creative business acuity, WIIC expanded its successful business of underwriting U.S. Customs Bonds to include Contract and Commercial Surety.  An affiliate was also formed to offer commercial collections services worldwide.  In 2000, Paul pursued and provided leadership in the successful purchase of WIIC by North American Specialty Insurance Company, a SwissRe owned company.   
    We convey our sincere and heartfelt thanks to Paul for his leadership and friendship.
 

Other NAS Surety Group News:
     Steve Anderson is named the new President/CEO of NAS Surety Group (NASSG) effective June 1, 2004.  Steve most recently served as Executive Vice President, Contract Surety, and has been with NASSG since July 1987.
    David Layman who was Assistant Vice president and Branch Manager of our Dallas Regional Office has relocated to our home office to serve as Vice President, Contract Surety.

                            CONGRATULATIONS TO ALL!