Federally funded infrastructure projects continue to drive premium growth for U.S. surety bond writers, with underwriting profits in this construction-oriented line of business exceeding $2 billion ...
Lexon Insurance is chasing not less than $2.6 million from an Oregon contractor group after a fire district construction ...
"In addition to surpassing the $100 billion mark in 2025 for small business lending and SBIC investment, the Trump SBA guaranteed a record $10.6 billion through our Surety Bond Guarantee Program to ...
A surety bond is a three-party contract between a principal, obligee and a surety. Surety bonds also are regulated by state insurance departments. The principal has an obligation to the obligee to ...
A surety bond is a way of ensuring that a business makes good on its obligations when it's hired to do a job. Many, or all, of the products featured on this page are from our advertising partners who ...
Surety insurance is a popular but inaccurate term used to refer to surety bonds. A surety bond is a sum of money one party puts up as a guarantor of good faith. Surety bonds often involve considerable ...
In Swinerton Builders, Inc. v. Argonaut Insurance Co., Swinerton Builders, a contractor, sued a surety on bond claims arising from defaults by its subcontractor on a series of work orders. The owner ...
The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, ...
US & Canada, April 25, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, the surety market is observing significant growth owing to the need to restore the ...
A federal bankruptcy court judge in Wilmington, Del. granted Abengoa, S.A., the troubled Spanish renewable energy contractor and engineer, protection under U.S. bankruptcy law from its U.S. creditors, ...
Compliance inspections, training exercises, physical security reviews and vulnerability assessments are methods the Blue Grass Chemical Activity (BGCA) surety office uses to provide a system of ...
Is Your Entity in Compliance? Most durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) suppliers must maintain a $50,000 surety bond for each location it has enrolled in Medicare, ...