"The Midwest is a significant marketplace for surety contract bonds, and Cincinnati was a logical choice for an additional branch office," said Alan Pavlic, President and COO, Old Republic Surety ...

Subcontractor default insurance (SDI) transfers subcontractor default risk to an insurance carrier, ensuring that the ...

When is insurance not insurance? According to both Merriam-Webster and Black's Law Dictionary, insurance is a "contract whereby one party undertakes to indemnify or guarantee another against loss by a ...

In 2022, the Ascent, a 25-story apartment building in Milwaukee, Wisconsin, became the world’s tallest mass timber structure. The Milwaukee tower, which features luxury apartments, retail space, an ...

BRK.A, has entered the Irish surety market. The company has appointed a new Head of Surety for Ireland to lead the local ...

WASHINGTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for more than ...

BOSTON--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance (BHSI) today announced the promotion of Courtney Turnage Walker to the newly created role of U.S. Head of Contract Surety. She was ...

"Contract surety has always been a pain point for P&C agents," says Jackson Cromer, President of BondExchange. "The limitations of a typical application required agents to spend too much time on the ...

Aug. 15, 2024 8:30 AM ETSkyward Specialty Insurance Group, Inc. (SKWD) In addition to these impressive leaders, the Company has added two new underwriters to fortify its underwriting bench strength in ...

Pennsylvania’s bad‑faith statute, 42 Pa. C.S.A. § 8371, permits insureds to recover certain damages in “action[s] arising under an insurance policy … [if] the insurer has acted in bad faith towards ...