EXHIBIT NO. 10 (43)
 RESTATED  ADMINISTRATIVE SERVICES AGREEMENT  Originally effective January 1, 2001
  RECITALS
 (A)
    
    WHEREAS, Surety and its subsidiaries operate and maintain personnel for the
general purposes of engagement in the business of marketing, underwriting and
administering certain types of insurance products and programs; and,(B)
    
    WHEREAS, Surety and its subsidiaries have certain specialized knowledge,
capacity and regulatory compliance expertise in connection with the administration of
insurance statutes and regulations that require processing of large volumes of
information; and,(C)
    
    WHEREAS, CNA is a large enterprise which maintains the capacity to provide
extensive administrative, financial and legal support services to Surety; and,(D)
    
    WHEREAS, CNA is the majority shareholder of Surety, owning approximately
sixty  four percent (64%) of the stock of Surety; and,(E)
    
    WHEREAS, CNA and Surety each wish to purchase or have access to certain
services to be provided by the other and the parties are willing to sell the services
or provide access to those services to each other and the parties agree that each
should compensate the other for its proportionate share of the others overhead which
is required to support those services.
  AGREEMENTS
 1.
    
    The parties shall purchase and/or have access to certain services provided by each
other and shall compensate each other therefor in accordance with the provisions of this
Agreement. Further, each party shall reimburse the other for the proportionate cost of the
others administrative and overhead costs incurred in supporting the services provided
pursuant to this Agreement. The assessment charged to reimburse such costs (hereinafter
the Management Fee) represents each partys share of the general and administrative
corporate overhead pool of costs of the other party. The activities included in the pool
of costs are broad in nature and apply to all Surety, Surety affiliates, CNA Financial
Corporation (CNAF), CNA and CNA affiliate  majority owned operations.




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2.
    
    The CNA pool of costs includes expenses related to establishing senior staff
direction and developing and promoting the corporate identity. Such expenses include, but
are not limited to, the costs incurred by CNA which are related to all or parts of the
following functions: Chairmans Office, Human Resources, Information Technology, Corporate
Finance, Loews Corporation Management Fee, Internal Audit, Capital Management, and other
financial management activities. The CNA Management Fee will be based upon an agreed pool
of costs. The CNA Management Fee is determined according to the same cost structure and
according to the same allocation methods as CNA applies to other CNA insurance company
affiliates and subsidiaries. Expenses incurred and payments received shall be allocated
to Surety in accordance with customary insurance accounting practices consistently
applied. The CNA Management Fee shall change each year based on the total CNA pool of
costs.3.
    
    The Surety pool of costs includes, but is not limited to, costs incurred to process
all CNA producer licenses and appointments and such other services as Surety may perform
for CNA. The Surety Management Fee will be based upon an agreed pool of costs. The
Surety Management Fee is determined according to the same cost structure and according to
the same allocation methods as CNA applies to other CNA insurance company affiliates and
subsidiaries. Expenses incurred and payments received shall be allocated to CNA in
accordance with customary insurance accounting practices consistently applied. The Surety
Management Fee shall change each year based on the total Surety pool of costs.4.
    
    Surety and any of its subsidiaries shall have the option of purchasing additional
services from CNA at rates and with documentation to be negotiated by the parties. Surety
will be charged by CNA and agrees to pay charges for intercompany services received by
Surety at the same rates and according to the same allocation methods as CNA applies to
other CNA insurance company affiliates and subsidiaries. Such rates shall be determined
by and shall be substantially equivalent to the actual cost of providing said services.5.
    
    Surety and any of its subsidiaries shall also have the option to request support from
an individual CNA Strategic Business Unit (SBU) for shared systems, such as database
usage, facilities, or other services, and the terms would be negotiated at the time the
support is requested.6.
    
    CNA and any of its affiliates shall have the option of purchasing additional services
from Surety at rates and with documentation to be negotiated by the parties. CNA will be
charged by Surety and agrees to pay charges for intercompany services received by CNA at
the same rates and according to the same allocation methods as CNA applies to other CNA
insurance company affiliates and subsidiaries. Such rates are determined by and
substantially equivalent to the actual cost of providing said services.7.
    
    The charges to each party for services purchased under this Agreement will flow
through its cost centers in each partys ledger, and cash settlement will occur each month
via wire transfer as part of the normal intercompany settlement process.8.
    
    This Agreement is not designed and should not be construed to cover any cost
applicable to any insurance coverage that Surety may purchase from CNA for
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Suretys business or employees, which arrangement shall be documented by separate
agreement.9.
    
    To the extent that CNA or any CNA affiliate or SBU and Surety have negotiated and
entered into separate agreements for the provision of specific services to Surety and
payment to CNA, the terms of those agreements shall remain unmodified by this Agreement
and shall control.10.
    
    This Agreement shall be effective so long as CNA, CNAF or any combination thereof or
their affiliates or shareholders shall continue to own a majority interest in Surety. This
Agreement may be terminated by either party upon the provision of 30 days prior notice of
such termination to the other party.11.
    
    All notices, deliveries of documents and other communications required or permitted
to be given from one party to the other shall be in writing and, except as otherwise
expressly herein provided, shall be effective upon mailing to the other by messenger
delivery service (receipt signature required), by express delivery service (receipt
signature required) or by United States mail, postage pre-paid, certified or registered
mail with return receipt requested, addressed to the others as follows:
 To Surety:
    
    CNA Surety Corporation
CNA Plaza  13 South
333 S. Wabash
Chicago, Illinois 60685
Attention: Chief Financial OfficerTo CNA:
    
    Continental Casualty Company
CNA Center
Chicago, Illinois 60685
Attention: Chief Financial Officerwith a copy to:
    
    Continental Casualty Company
CNA Center
Chicago, Illinois 60685
Attention: General Counsel
 12.
    
    Notice shall be effective upon receipt in the case of messenger or express delivery
service. Notice shall be effective three (3) business days after deposit in the United
States mail in the case of certified or registered mail.13.
    
    This Agreement sets forth the entire agreement and understanding between the parties
as to the subject matter hereof. It is especially understood and agreed that this
Agreement runs in perpetuity until terminated.14.
    
    This Agreement may be amended only by the written agreement of the parties.15.
    
    This Agreement is executed under and is to be construed by the laws of the State of
Illinois applicable to contracts entered into in Illinois without regard to conflicts of
laws or choice of law principles.
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16.
    
    Any portion of this Agreement in contravention of any applicable statute, regulation,
directive, or any governmental ruling shall, without further action by the parties, be
modified or deleted to the extent necessary to conform to such statute, regulation,
directive or ruling.17.
    
    If any clause or any portion of this Agreement shall be unenforceable or declared
invalid for any reason whatsoever, such unenforceability or invalidity shall not affect
the enforceability or validity of the remaining portion of the Agreement and such
unenforceable or invalid portion shall be severable from the remainder of this Agreement.18.
    
    The rights, duties and obligations hereunder are not assignable, delegable or
assumable.19.
    
    This Agreement may be executed simultaneously in two or more counterparts, each of
which shall be deemed an original, but all of which shall constitute one and the same
instrument.20.
    
    In accordance with the requirements of the Illinois Department of Insurance the
parties agree to make available to the Director or his designees the books, records, and
documents of both companies in relation to this agreement.
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IN WITNESS WHEREOF
 Continental Casualty CompanyBy:
    
    
    
    
    Attest:Title:
    
    
    
    
    
    
    Its Assistant SecretaryCNA
Surety CorporationBy:
    
    
    
    
    Attest:Title:
    
    
    
    
    
    
    Its Assistant Secretary
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