Surety One Prepared for Jump in Demand for Public Official Bonds

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Wed Nov 5, 2008 9:07am EST

RALEIGH, N.C.--(Business Wire)--
Surety One, member of the Poindexter Surety Group, has completed
its preparations for increased public official bond demand. According
to chief underwriter Carlyle Poindexter, "We always see a surge in
demand for public official and fidelity bonds immediately following
general elections. Surety One began its run-up over two weeks ago. We
have updated our applications, reviewed state-specific underwriting
guidelines, and refreshed our underwriting staff on this particular
bond type. We feel VERY confident that newly elected public officials
will have no problem obtaining immediate issue bonds for themselves
and their subordinates. We really have taken extra steps to ensure an
efficient process for our applicants to obtain these bonds."

Poindexter Surety Group
Carlyle Poindexter, 919-859-5294
Underwriting@SuretyOne.org

Copyright Business Wire 2008
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