What will happen to the surety bond market in 2024?
Feb 14, 2024 · Demand for surety bonds is expected to rise as Inflation Reduction Act (IRA)-driven renewable energy and grid modernization projects get underway in the United States. With interest rates...
Surety news, trends and insights - Insurance Journal
Explore the newest/trending Surety content. Oct 7 2024 // Bowen, Miclette & Britt Insurance Agency, LLC (BMB) has completed the acquisition of M Surety Services, a provider of contract surety...
Surety Bond Quarterly – Professionals in Surety Bonding
Mar 21, 2024 · The NASBP official magazine, Surety Bond Quarterly, offers insights and information for surety, construction, and allied professionals who need to stay up-to-date on the industry’s latest news and developments.
SBA Surety Program Notches Best Year in 25 Years, Bonding $2.8B …
Nov 5, 2024 · “The past fiscal year marks an exceptional milestone, as the Surety Bond Guarantee program enjoyed its best-performing year in 25 years for guaranteeing bid and final bonds,” said Jermaine Perry, director of SBA’s Office of Surety Guarantees (OSG).
Surety bond market getting a major boost from inflation, higher ...
Apr 26, 2023 · The surety bond market is set to receive a significant boost from inflation and the sharp influx in infrastructure projects, driven by the government’s $1.2 trillion infrastructure spending bill.
EY Report: Surety Bonding Provides Strong Economic Value and ...
Nov 17, 2022 · EY’s analysis quantified the benefits surety bonding generates throughout the lifecycle of a portfolio of public and private construction projects – including benefits extending beyond the financial protection surety companies provide when contractors default.
Applied Surety Underwriters announces acquisition deal with Argo Surety
Apr 5, 2024 · Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters ’ United Risk division, has announced that it will be acquiring the majority of Argo Surety’s in-force coal, oil, gas,...
Surety - Latest Insurance News
Jun 9 2023 // FCCI Insurance Group has hired Phil Shepard to lead its surety line of business expansion into New England. FCCI is now writing contract and commercial surety bonds in the six New...
Surety News
Surety news releases and Power of Proof blog. Stay at the forefront of digital time stamping and authenticating electronic documents services.
News - National Association of Surety Bond Producers - NASBP
By featuring snapshots of articles from leading construction and insurance industry resources, NASBP SmartBrief helps many stay informed on news, people, markets, and policies impacting the surety product and the surety industry.