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Capstone is the surety
underwriting division of National American Insurance Company of
California (NAICC). NAICC is ultimately controlled by
Covanta Holding Corporation.
Covanta is a leader in waste to energy production and is listed on the
NYSE under ticker symbol CVA.
NAICC, along with its subsidiary Danielson National Insurance Company (DNIC),
writes specialty personal automobile insurance exclusively in
California. Underwriting both specialty surety and automobile insurance
helps us withstand insurance market cycles and provide a future source
of capacity to our customers.
NAICC also operates
Contractor Business Resources (CBR) a funds control operation . CBR is
used extensively by Capstone Surety and also assists other sureties,
financial institutions and general contractors with alternative risk
mitigation tools.
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