How the Cost of a Contract Bond Is Determined
What goes into determining the cost of a contract bond? Here is a basic introduction.
Translating the Top 5 Most Cringe Worthy Surety Conversations
As bond managers, we always look for ways to help our agents, contractors and project owners better understand surety. It can be a pretty arcane subject, and not ...
Old Republic Surety Goes Beyond the Numbers to Write an $18 Million Bond
Not every surety decision is strictly by the numbers. CCABH Ebensburg is the story of a dedicated owner who wanted the best construction company for the job and a ...
Do I Need to Increase My Bank Line of Credit?
You’re bidding on a new project, and the surety company says you need to increase your bank line of credit. Why, you may ask, do I need so much credit when I’ve ...
How to Get Your First Bond, Part 2
Are you ready for your first surety bond? In Part 2 of this two-part blog, Mueller provides additional advice. Be sure to read Part 1 here. In my first blog on ...
How to Get Your First Bond, Part 1
This is Part 1 of a two-part article on acquiring your first bond. Be sure to read Part 2 of Mueller’s advice for acquiring your first bond. Are you ready for ...
Advantages of Working with an Independent Agent
Right now, more than ever, we’re living and working in a highly automated, self-service world. Sometimes automation is welcomed — it can be efficient and a great ...
Commercial Surety 101: Why Contractors Need to Be Licensed and Bonded
Most states require contractors to be licensed to obtain permits for projects. State and local jurisdictions may also require contractors to be bonded in order to ...
The Relationship between You, Your Agent and Your Surety
No matter what business you are in, you may need a surety bond at some point in time. This could range from a simple business services bond to a ...
As 2020 Closes: Consider Alternative Accounting Methods on Long-Term Contracts
To say that 2020 has been a challenging year would be an understatement. Many small businesses across all industries were hit hard by the COVID-19 global ...
