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 ...
"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 an insurance policy for your customer; it assures the customer that you'll follow through on your contract. Acquiring a surety bond is similar to taking out a loan; you have to file ...
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 ...
Lexon Insurance is chasing not less than $2.6 million from an Oregon contractor group after a fire district construction ...
The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, ...
In Swinerton Builders, Inc. v. Argonaut Insurance Co., Swinerton Builders, a contractor, sued a surety on bond claims arising from defaults by its subcontractor on a series of work orders. The owner ...
Compliance inspections, training exercises, physical security reviews and vulnerability assessments are methods the Blue Grass Chemical Activity (BGCA) surety office uses to provide a system of ...
Southland Holdings ( ($SLND) ) has shared an announcement. On December 22, 2025 and thereafter, Southland Holdings, Inc. received approximately ...
PIERRE, S.D. (KELO) — The head of state government’s Minerals, Mining and Superfund Program says the purpose of a recent change to how limestone sites are licensed in South Dakota was to get more ...
Edmund C. Scarborough, who owned the biggest and most public individual surety business in the U.S., once claimed that his guarantees were backed by solid assets comprised of valuable coal waste. In ...
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