Market Overview: The Year in Surety
The surety industry issued bonds totaling over $6 trillion in contract surety exposure over the last 20 years, including $650 billion in 2018 alone.
Surety Bonding: What’s Happening in Congress and the States?
Discussions over a broad infrastructure package continue to loom on the horizon in Washington, attracting stakeholders from all corners of the construction, design and financing sectors to urge action from decisionmakers in the nation’s capital.
Fidelity Bonds: Protecting Against Employee Fraud
Employee theft can add up to hundreds of thousands of dollars—an average of 5% of a company’s annual revenue, according to the Association of Certified Fraud Examiners. And it’s not just money.
A Professional Surety Bond Producer Serves as a Contractor’s Trusted Advisor and Essential Guide
One of the most important business decisions a contractor will make is the choice of a professional surety bond producer.
Insurance for Construction Startups
A comprehensive insurance program protects contractors against risks such as faulty design or workmanship, physical damage to the project and injuries to employees or third parties.
Year-End Tax Planning Strategies for Contractors
Taking a strategic approach to tax planning can be beneficial, contractors should weigh costs verses benefits before implementing any tax planning strategy.
The Insured’s Responsibilities in the Event of a Claim
Timely reporting of claims is critically important on all lines of insurance coverage, although terms such as "occurrence" or "time" may not be defined in the policy.
Complying With Data Breach Regulations in the Construction Industry
While advancements in technology have created opportunities in construction, they opened the door for cybercrime. No one is safe from hackers, so establish policies and procedures to be prepared when it matters.
