Head of the Line
One old-time financing method could give budget-squeezed governmental agencies needed capital flexibility to immediately pay for infrastructure repairs—but the surety industry, contractors and lenders would have to modify their business models first.
Many small and midsize contractors don't consult their surety-bond underwriters soon enough after running into trouble that could trigger a bond—an event that threatens a contractor's ability to remain in business.
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- Maryland Law Slams Door on Shady Contractors
- Aspen Enters US Marine, Energy, Construction Sector
- Six Mitigation Areas for Building Professionals
- Collapse and Builders Risk Coverage
- Trade Groups: Surety Insurance Strong Despite First Sealord Struggles
- Never By Accident
- Under Construction or Renovation?
- Recovering From Construction Defect Claims
- Building Contractor Acts as Adjuster Without License
- Constructing A Better Builder’s Risk Policy
Fiscally fit bond principals with solid management plans–and without losses–are discovering sufficient and inexpensive capacity for surety insurance, say brokers and underwriters.
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