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.
Risk Management
Boots on the Ground: A Primer on Military Construction
How do you bid? What are the challenges? Is it worth it? Read on to get a look into this unique market.
Get Ready! There’s a Train A-Comin’—the New Lease Accounting Standard
Accountants are starting to see presentation and disclosures on the new lease standard for public company interim financial statements as of their March 31, 2019, quarterly reporting.
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.
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.
