Surety insurers have maintained underwriting and operating profitability, producing net profit margins above 30% during each ...

EPIC Insurance Brokers & Consultants ("EPIC"), a national insurance brokerage and consulting firm providing specialized services and products across select industries and client sectors, today ...

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 ...

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 ...

Lexon Insurance is chasing not less than $2.6 million from an Oregon contractor group after a fire district construction ...

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 ...

Texas surety law contains obscure procedural rules that can have outsized consequences. Chapter 43 of the Civil Practice and Remedies Code is an important example. This chapter applies to everything ...

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 ...

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 ...

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, ...