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 ...

Surety insurance is a popular but inaccurate term used to refer to surety bonds. A surety bond is a sum of money one party puts up as a guarantor of good faith. Surety bonds often involve considerable ...

CINCINNATI, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. and its subsidiaries ("Core Specialty" or the "Company") announced today that it has expanded its surety offering ...

Placing concrete requires specialized skills and equipment. The licensing requirements for concrete contractors vary from state to state. In some states, concrete contractors need a specific license ...

WASHINGTON - A major revision in the U.S. Small Business Administration's Surety Bond Guarantee (SBG) Program more than triples the eligible contract amount, from $2 million to $6.5 million, the ...

As we have reported previously over the years, a key provision in the Bankruptcy Code is Section 365, a lengthy provision that addresses the disposition of executory contracts between the debtor and ...

A bond is a type of insurance, issued by insurance companies called sureties, that serve as a risk mitigation tool for states and localities. They have two key benefits: protection and ...

This summer, the Washington Supreme Court ended a long dispute within the construction industry and issued an opinion finding that a performance bond is, in essence, an insurance contract. The court ...

Skanska Balfour Beatty hired Roschmann Steel & Glass Constructions to provide custom facade and curtainwall on the buildings under a $29.9-million contract. Roschmann started work in 2020. The ...

The insurance watchdog issued the IRDAI (Surety Insurance Contracts) Guidelines 2022 on Monday laying down the norms for this line of business. Source: PTI The Insurance Regulatory and Development ...