XL Capital Assurance Inc. (XLCA) has received its financial guarantee license from the State of California and opened an office in Walnut Creek. Neil Pack, managing director for West Coast public finance, heads the Walnut Creek office.
“XLCA continues to expand鈥攁nd has virtually completed鈥攊ts licensing platform,” said David Stevens, president of XLCA. “With the California license, we will be able to provide AAA-rated credit enhancement to issuers and investors in that state who are seeking a new name of the highest quality, as well as substantial capacity.”
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Toilet Paper Warehouse Fire Investigators Review Viral Video 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
