Insco/Dico Group: The surety bond underwriter said...
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Insco/Dico Group: The surety bond underwriter said it has acquired a subsidiary that will allow it to expand into the Midwest.
Insco/Dico, based in Irvine, said it recently bought the stock of State Surety Co. of Des Moines, a subsidiary of Old Republic Surety Co.
Terms of the deal were not disclosed.
The acquisition will allow Insco/Dico to expand into Colorado, Idaho, Montana, New Mexico and nine Midwest states.
