A Brief History of the NBCA
The National Bond Claims Association traces its lineage back to the early 1970’s. Bob Wavrek, then the bond claims manager for Westfield Insurance Company – Ohio Farmers Insurance Company, and Richard McGhee, the head of Westfield’s bond underwriting department, conceived the idea of an annual social gathering for a small group of company representatives.
In 1974, the original group decided to formalize their meeting which was officially named the Westfield Bond Claim Open and Seminar. The initial seminar was held at Westfield’s campus in October 1974 and was limited strictly to company representatives. The program was chaired by Paul McNamara, Esq. and featured presentations by John Petro, Bernie Balkin and Charlie Ackerman.
In 1975 the invitation list was expanded and more company representatives attended. Each year thereafter, the event became larger as attorneys and consultants were also invited to attend. Eventually, as the meeting grew in reputation and size, a core group of members, led by our departed but still beloved friend, John Mercogliano, decided to form a national organization, hence the name change to the National Bond Claims Association. The affairs of the NBCA are directed by a Board of Directors that includes twelve of the most senior claims representatives of major bonding companies in the United States. Our current membership includes approximately 350 individuals who work in the fidelity and surety bond industry.
Although the organization has enjoyed great success and growth over the years, the objective of fostering a fraternity of bonding industry colleagues remains our goal. The Board members strongly believe that an organization dedicated to the goals of shared knowledge and the development of professional camaraderie benefits all who work in our industry. The Board thanks John Petro for his detailed history of the origins of the Westfield/NBCA.
Helping Children and Families in Need*
The NBCA has developed a tradition of donations to various charities that benefit children and families in need. The donations are funded from the Memorial Golf Tournament held on Wednesday of the program week and by donations from individual members. Since starting this tradition $255,500 has been donated. To see a list of recipients of these donations, please "Click Here."
* The National Bond Claims Association is not a charitable organization therefore, donations/fees to it are not tax deductible as charitable donations.
In an effort to increase company membership and encourage younger individuals of the industry to become members of the NBCA, a scholarship program has been established. The scholarship will cover the cost of accommodations and program meals during the annual seminar. A travel allowance of $300.00 will also be included. Any member of the NBCA can nominate an individual; however, the nominee must be an individual employed by a surety in some sort of claims capacity. To submit a nomination, please "Click Here"
The Chairman's Award is given to a member of the NBCA who has been generally recognized for his/her longstanding commitment and noteworthy contributions to our industry. Please Click Here for a list of previous award recipients.
The 2018 Annual Meeting
The 2018 annual meeting and program will be held at Pinehurst in North Carolina on Thursday, October 11 and Friday, October 12. The Board is committed to offering a quality program with topics and speakers that will provide a meaningful and worthwhile experience.
Our program has historically qualified for CLE, CE and CPE credits in many states. If you are interested in CLE and CE accreditation, please complete the information requested on the registration form or contact Jeff Price, our Program Chair, at 615-742-9358.
The annual meeting is for members only. Non-member spouses and heirs are not invited to attend the functions. In keeping within the NBCA guidelines, attendance of non-company representatives is limited to a maximum of six (6) members. There is not a limit on total members rather only on attendance of the annual meeting.