Subcontractor default insurance (SDI) transfers subcontractor default risk to an insurance carrier, ensuring that the policyholder is reimbursed and enabling the work to be completed. Unlike ...

Norfolk Southern is suing Federal Insurance Company, accusing the surety of refusing to act on a performance and payment bond.

Surety bonds protect interests in contracts, ensuring funds are available if obligations are unmet. They differ from investment bonds, focusing on guaranteeing contract fulfillment rather than earning ...

Discover maintenance bonds, including how they work to protect property owners and contractors by covering risks of defects ...

Emerging markets across the Global South are entering a decisive decade for infrastructure. Governments from India to Africa to UAE are all committing unprecedented capital toward transport, energy, ...

Insurers DUAL North America and AXIS Capital Holdings Limited have expanded the capacity of their surety programme partnership after its first year of ...

CHICAGO--(BUSINESS WIRE)-- CNA Financial Corporation (NYS: CNA) today announced that it has completed the sale of SUR Insurance Agency, Inc. (SUR) and The Bond Exchange (TBE) to California Contractors ...