Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that ...

Construction bonds are vital tools in the construction industry. A construction bond is an instrument arising out of suretyship law. A project owner may require a contractor to obtain one or more ...

It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...

Lexon Insurance is chasing not less than $2.6 million from an Oregon contractor group after a fire district construction ...

Bond insurance protects investors if the bond issuer defaults, ensuring missed payments are covered. Insured bonds often receive higher ratings, reducing risk and allowing issuers to pay lower ...

Construction bonds ensure project completion and quality, protecting owners if a contractor fails. Contractors must provide financials and project details to secure bonds. Multiple bond types cover ...

"More insured bond volumes overall suggest better financial metrics for the companies themselves, plus improved liquidity for insured paper," said Matt Fabian, a partner at Municipal Market Analytics.