As construction claim lawyers, we are always on the lookout for insurance policies or “bonds” that might satisfy our client’s claim. On ...

The Indian Union Budget 2025 emphasizes a resilient, non-fund-based credit ecosystem, positioning surety bonds as a vital tool for trust and financial security in infrastructure and MSMEs. The ...

Now, let's understand more about it. A surety insurance bond is a contract between the contractor (the principal debtor) and the surety (the insurance company), offering the project owner (the ...

Arbitration is a widely-used method for settling disputes between parties. During arbitration, parties submit their dispute to an impartial third person or party, usually chosen by the parties.

who noted that there are surety bonds used in other industries like construction that would not be subject to that rule. Shah initially said that the company had in fact submitted a financial ...

James Keating, 52, of Paoli, Pennsylvania, was sentenced by U.S. District Judge Victor A. Bolden in New Haven to 20 months in ...

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys ...

How do you qualify for a surety bond? It just requires that you work with a bonding agent who is approved for issuance of bonds for people with bad credit. Before you can receive a bond in the market ...

Having a specific construction focus is similar to going to a trade school for other skills. Prove that you are covered. A surety bond must be presented. Financial statements should be provided.