<PAGE> 1
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
MARCH 10, 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)
<PAGE> 2
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
March 3, 1999.
2
<PAGE> 3
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: March 10, 1999
3
<PAGE> 4
EXHIBIT INDEX
Exhibit No.
99. CNA Surety Corporation Press Release issued on March 3, 1999.
4
<PAGE> 1
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
AND AUTHORIZATION OF SHARE REPURCHASE
CHICAGO, March 3, 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 March 15, 1999. The
dividend will be paid on April 1, 1999.
Additionally, the Company reported it has received Board authorization
to repurchase shares of its common stock. Depending on market conditions,
these shares may be purchased from time to time in the open market or
otherwise.
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 and trade name of CNA Financial
Corporation.
5
