Building on 10 years of steady growth in North America, Coface Holding Company, N.A., a unit of Coface Group, today announced the establishment of Coface North America Insurance Company, a Massachusetts insurance company licensed to issue insurance policies in twenty-one states. These states cover the majority of Coface's current business in the US, and the company plans to become licensed in all 50 states. The Fitch AA rating of Coface Group has been extended to Coface North America Insurance Company.