Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that ...

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

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 ...

Whether it’s lingering supply chain disruptions, increased materials costs, labor shortages or schedule delays, the construction industry is no stranger to challenges. Though market conditions are ...

Construction bonds are vital tools in the construction industry. A construction bond is an instrument arising out of suretyship law. A project owner may require a contractor to obtain one or more ...

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

Rivkin Radler, a law firm headquartered in Uniondale, recently added two partners to enhance its existing construction practice and help build its new surety practice, which will handle all matters ...

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

The San Benito School District has secured funds to finish projects that had been stalled, such as this aquatic center, since the district defaulted contractor Davila Construction. Photo: Courtesy of ...