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Weather Delays & Construction Contracts - Are You Prepared? Did you know that since 1980, there have been 246 weather-related disasters in the U.S. that cost $1 billion or more? Tropical storms, hurricanes, tornadoes, ...
Surety Bond Claims 101 There’s nothing quite like the sinking feeling you get when you hear there’s a claim against your bond. Despite your best intentions, it’s likely that you’ll face ...
Transitioning From Fastbonds to a Standard Bond Program Here are some important reasons why a contractor would want to transition from a credit-based bond program, or Fastbond, to a standard bond program - and how to ...
It's Pig Iron Under Water! To some of my fellow insurance professionals, the surety business has always had an air of mystery about it.  Perhaps it is the exotic language we use referring ...
Pure Guts - Pure Michigan Michigan's two peninsulas were finally connected in 1957, after 20 years of planning, and close to $100 million in construction and engineering costs with the ...
How Work in Progress Reports Benefit Contractors, Accountants, and Everyone Else Cost overruns are a common occurrence in the construction industry. It’s far too easy at the mid-point of any project to misjudge billing against the actual ...
Why Character is so Important for Underwriting Surety Bonds I remember receiving a particular account submission some years ago. The agent told me I was going to see some distress in their financial trend, but there were ...

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