Risk
Business
Contractors Should Be Prepared for a Hard Surety Cycle
Currently, contractors are benefitting from loosened underwriting, lower rates and higher bond limits, which will eventually lead to larger surety losses as the surety marketplace tightens.
By JD Weisbrot
November 27, 2017
Topics
Risk
Business
by JD Weisbrot
JD Weisbrot is the President of JW Surety Bonds, the nation’s largest volume surety bond producer specializing in contract surety solutions.
Related stories
Risk
The Future of Fire Protection in EV Battery Facilities
By Stuart Bradbury
As more and more EV-battery manufacturing facilities begin to operate in the United States, it's important that those who build the facilities know how to fire-proof them.
Risk
Executive Insights 2025: Leaders in Surety Bonding and Insurance
By Construction Executive
Leading experts in surety bonding and insurance share their top insights for contractors.
Risk
How Construction Businesses Can Navigate Labor Shortage and Social Inflation Challenges
By Sy Nilakout
Recently, workforce challenges have been the headline for another major industry—the U.S. government—but that doesn't mean the labor shortage isn't still affecting construction.