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Greg Veal Discusses Impairment of Suretyship, Preserving the Penal Sum.

By June 26, 2017 News/Events/Seminars

On June 22, 2017, Greg Veal spoke at the 43rd annual meeting of the Surety Claims Institute, of which he is a director.  His paper, co-written with Ed Dudley of Great American Insurance Company, was “‘Thus Far May You Come, But No Farther’: The Penal Sum and How Sureties Can Preserve It.”  The conference was held at the Nemacolin Woodlands Resort, south of Pittsburgh, PA.  Greg is chair of the Membership & Publicity Committee for the Institute and invites inquiries from those in the industry interested in becoming a member.

On April 20, 2017, Greg also spoke at the 28th annual meeting of the Southern Surety & Fidelity Claims Association.  His paper was titled “Risky Business:  Impairment of Suretyship and the Restatement” and was co-presented with Jimmy Sparks of International Fidelity Insurance Company.  The conference was held in Nashville, TN.