Did You Know?

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in General on Mar 23, 2016.

Zurich North America is among the largest surety companies in the construction business. The company is best known for its ability to bond very large projects, including the work to expand the Panama Canal as dramatized in a widely run 2012 television commercial. The company has been around for over 125 years; and, as a result, it has also been involved in other famous projects like the Hoover Dam and the Chesapeake Bay Bridge Tunnel.

chesapeake-bay-bridge-tunnel

But did you know that President Franklin D. Roosevelt has ties to the company? He was a vice president and director of Zurich Surety’s founding firm from 1921 to 1929. It may be part of the reason why Zurich was the first bonding company to be approved to issue bonds for the federal government some time later.

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