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Home > Company Index > Insurance > Surety, Title & Miscellaneous Insurance > Amwest Insurance Group, Inc.

Amwest Insurance Group, Inc.
 PROFILE
The troubled Amwest Insurance Group underwrites -- primarily through Far West Insurance -- contract performance and commercial surety bonds that guarantee compliance with contracts, licenses, and permits. The companies also offer court bonds, including bail bond coverage. Licensed throughout the US and Puerto Rico, the firm sells primarily through independent agents. Amwest Insurance Group has been delisted from the AMEX and announced plans to cut back on branches and staff. The company has filed for Chapter 11 bankruptcy and Amwest Surety, one of the company's subsidiaries, is in liquidation.

 COMPETITION
CNA Surety Corporation (SUR)
Travelers Bond (dossier)
United Fire & Casualty Company (UFCS)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 124.20
1-Yr. Sales Growth: 6.2%
Employees: 520
Revenue per employee: $238,846.15

 KEY PEOPLE
• Charles L. Schultz
    CEO

 CONTACT INFO
5230 Las Virgenes Rd.
Calabasas, CA 91302
US
Phone: 818-871-2000
Fax: 818-871-2015
Online: Web Site

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