CNA SURETY CORP
8-K, 1999-08-23
FIRE, MARINE & CASUALTY INSURANCE
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934




                                 AUGUST 23, 1999
                                (Date of Report)




                             CNA SURETY CORPORATION
             (Exact name of Registrant as specified in its charter)




                                     1-13277
                              (Commission File No.)



            DELAWARE                                     34-4144905
   (State or other jurisdiction)               (IRS Employer Identification No.)


     CNA PLAZA, CHICAGO, ILLINOIS                          60685
(Address of principal executive offices)                 (Zip code)


                                 (312) 822-5000
               (Registrant's telephone number, include area code)



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ITEM 5.   OTHER EVENTS

          See Exhibit 99 to this Form 8-K

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

          (c)   Exhibits

                Exhibit 99 -  CNA Surety Corporation Press Release issued on
                August 17, 1999.


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                                   SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.




                                     CNA SURETY CORPORATION
                                     (Registrant)



                                 By: ___________________________________________
                                     John S. Heneghan
                                     Vice President and Chief Financial Officer



Dated:      August 23, 1999



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                                  EXHIBIT INDEX

Exhibit No.
      99.  CNA Surety Corporation Press Release issued on August 17, 1999.



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CNA SURETY CORPORATION                                          ANALYST CONTACT:
CNA PLAZA                                                          John Heneghan
Chicago  IL  60685                                                  312-822-1908
                                                           [email protected]

                                                                  MEDIA CONTACT:
                                                                   Doreen Lubeck
                                                                    773-583-4331



                     CNA SURETY ANNOUNCES QUARTERLY DIVIDEND



CHICAGO, August 17, 1999 -- CNA Surety Corporation (NYSE:SUR) today announced
that its Board of Directors has declared a quarterly cash dividend of $0.08 per
common share payable to all holders of record as of September 15, 1999. The
dividend will be paid on October 1, 1999.


     CNA Surety Corporation is the largest publicly traded surety company in the
country. Through its principal subsidiaries, Western Surety Company and
Universal Surety of America, CNA Surety provides surety and fidelity bonds in
all 50 states through a combined network of approximately 37,000 independent
agencies.


     CNA is a registered service mark, trade name and domain name of CNA
Financial Corporation.



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