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Surety Bonding

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Home » Topic » Risk » Surety Bonding

Contractors on Private Projects Also Need Bonding

by Martin C. McCarthy | Jan 14, 2021
Business | Business Risk | Project Delivery | Risk | Risk Management | Surety Bonding

Surety bonds can protect private construction project owners from contractor default, but general contractors should consider them as protection against subcontractor default.

Sharing Company Culture to Strengthen Surety Relationships

by Joshua Loftis, Bob Bowman, Colby White | Jan 9, 2021
Business | Culture | Finance | Organization Culture | Risk | Surety Bonding

While financials and performance are key to surety credit, the strength of the organization’s culture drives expense management, talent management and long-term strategic planning.

The Insurance Market: What Contractors Can Expect in 2021

by Jeffrey Cavignac | Jan 5, 2021
Insurance | Risk Management | Safety | Surety Bonding

Due to increasing losses and poor investment returns, insurance rates for most lines are increasing, capacity is declining and underwriters are being selective on which accounts they will even consider.

Surety Bonding Would Provide Peace of Mind for P3s

by Lee Covington | Nov 10, 2020
Safety | Surety Bonding

Due to the lack of funding, many public entities are considering public-private partnerships, also known as P3s, as a way to finance and complete necessary infrastructure projects.

2020 Executive Insights: Surety Bonding

by Construction Executive | Nov 10, 2020
Business | Executive Profiles | Risk | Surety Bonding

Industry experts share their insights on various aspects of surety bonding.

Electronic Signatures for Surety Bonds: Widespread Adoption Needed

by Julie Alleyne, Lawrence LeClair | Nov 9, 2020
Risk | Surety Bonding | Technology

The current practices required by most public owners of executing physical copies of bonds is unworkable and imprudent during the COVID-19 crisis in order to maintain a safe environment for those executing, delivering and receiving surety bonds.

Getting the Band Back Together: How a Surety Team Can Hit the Right Notes

by Michael Senecal | Nov 7, 2020
Risk | Surety Bonding

Just as a singer is supported by guitar, bass and drums, the most effective surety bond producers call on different forms of expertise to ensure they hit the right notes during client conversations.

Obtaining Surety Bonding in a Post-Pandemic World

by Cornelius F. Riordan | Aug 21, 2020
Risk | Risk Management | Surety Bonding

How has the pandemic affected surety bond underwriting? Contractors must show the underwriter how it will navigate COVID-19’s limitations and restrictions to complete the contract.
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