Claims inflation, wildfire risk, and litigation pressures are forcing developers to rethink how they build and who they ...
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 ...
LOS ANGELES, Aug. 13, 2025 /PRNewswire/ -- Surety Bond Authority, a leading provider of comprehensive surety solutions, today announced the release of its new, in-depth ebook, "The Contractor's ...
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 ...
Each policy type is tailored to address specific areas of risk, ensuring comprehensive protection for both contractors and project owners. While construction insurance covers many risks, it may not ...
Bond insurance is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. If the company or government entity can’t repay the debt as promised, the bond ...
"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.
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—Performance Bond—Noncompliance With Condition Precedent Bars Damage Claim—Steinway Tower—Reportedly Fourth Tallest Building in the US And "Narrowest Skyscraper in the World"—Surety Claim ...
Bond insurance, or financial guaranty insurance, is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. Read on to learn more about bond insurance and ...