Personal Indemnity: ‘What? You Want My Spouse to Sign?’
We often get questions about the indemnity part of surety, especially regarding spousal indemnity. Contractors often understand the need to obtain a surety bond ...
Wayne Messick, AFSB
The ABCs of Surety Bonds
What’s the difference between surety bonds and insurance? That’s a question I hear often, and it’s a good starting point for discussion. Knowing those differences ...
Old Republic Surety
Picture Day for Contractors
If there is one thing I learned in grade school, it is that some days are more important than others. Most notably, in the life of a grade schooler, picture day ...
Darrel Lamb, CPCU, AFSB
Insurance Agents Should Promote Business Service Bonds
We like to think that service employees are honest and always have the customer in mind. Unfortunately, an employee working in a customer’s home or business may ...
Shayne Albine
Construction Oriented CPAs Play Key Role for Contractor's Bonding Needs
We often hear contractors say that getting a job is the hard part – completing the project is the easy part. Many factors go into that, one of which is having ...
Scot Albrinck, AFSB
Fidelity Bonds: Good for Employers and an Insurance Agency's Bottom Line
It’s an all too common occurrence: A trusted, longtime employee starts stealing from the company. At first, it may be only a few small items. Then the employee ...
Shayne Albine
A Tale of Two Opportunities: Financing of Risk Through Subcontract Bonds
Last month I met with two contractors where subcontract bonds were a central topic. The first was a paper general contractor, meaning they administered the ...
Dan Pope
Surety Bonds and P3 Projects: A Colorado Case Study
Think of the growing infrastructure projects across American cities. These developments are at times so costly that taxpayer money alone cannot fund them. That’s ...
Vicki Price
Influencing (and Increasing) Your Bonding Capacity
Construction bond capacity matters — sometimes more than firms may realize. Simply put, bond capacity can either hold you back from the growth you’ve envisioned ...
Sean Rummel
Retainage Bonds: A Tool That Can Provide A Benefit To The Contractor
Who Can Benefit From Retainage Bonds? I was holding an annual surety account meeting out on the golf course one day with the agent and the contractor. This ...
Darrel Lamb, CPCU, AFSB
