The latest US Commercial Construction Index shows signs of optimism. How prepared is your company for growth? Secure partners to help you respond quickly to new projects The US Chamber of Commerce Report Two of… Read Moreabout Construction Rebound? Ready, Set, Grow!
Fraud happens in every kind of business—and despite regulations, the surety bond industry is no exception. Following an investigation by the Federal Bureau of Investigation and the New Hampshire Insurance Department, last week a man… Read Moreabout Combating Fraud In the Surety Bond Industry
Great news for contractors! Per an analysis by the Associated General Contractors of America, or AGC, employment within the construction province has bloomed from May to June in 31 states and the District of Columbia. “The… Read Moreabout June Construction Employment Skyrockets
The coronavirus pandemic fosters a plethora of uncertainty for contractors, subcontractors, suppliers, owners, and sureties. In every state across America, guidelines are being put in place to determine if construction is an “essential” infrastructure to… Read Moreabout The Potential Impact COVID-19 Will Have on Contract Surety
Whether you’re starting a business, launching a construction project, or entangled in court, you will need a surety bond to guarantee payment from the surety to the obligee if the principal is unable to meet… Read Moreabout What are Principals and Obligees in Surety?
A surety bond can be required to start a business, take on a public construction project, or fulfill a court requirement. A surety bond is a three-party agreement between the principal, obligee, and surety. If… Read Moreabout The Parties in a Surety Agreement
