Direct Bill Versus Agency Bill “To direct bill or not to direct bill: That is the question…”

Old Republic Surety

Understanding The Claim Process for Bonds vs. Insurance Thinking about building a book of surety business? As an insurance agent, you’ll want to understand how the surety claims process differs from the insurance ...

Barbara Micek

What is Remote Notarization? More than half of U.S. states have passed laws allowing document notarizations to take place remotely - known as Remote Online Notarization (RON), or virtual ...

Beth Harbeck

Why Your Construction Company Needs a Buy-Sell Agreement Has the topic of buy-sell agreements come up in discussions with your attorney, surety agent or accountant? Chances are someone who cares about the future of your ...

Erik Mueller

Surety Bond or Letter of Credit for Contractors: What's the Difference? Surety bonds and letters of credit (LOCs) both provide risk management for construction or development projects. Knowing which is appropriate to use, helps to ...

Scot Albrinck, AFSB

Contractors: Is Your Internal Record Keeping Helping You or Hurting You? Let’s face it, the reason you went into construction is because you like being at the job site — not cooped up in an office. So you probably don’t spend as much ...

Wayne Messick, AFSB

Abbreviation for Million and Thousand: K & MM Meaning If you’re confused about the letter designations that stand for thousands and millions, you’re not alone. And it’s not your fault. In fact, it’s one of our most ...

Darrel Lamb, CPCU, AFSB

Is It Possible to Cancel a Bond? We all know bonds are not the same as insurance. While bonds are considered to be a type of specialty insurance, and the surety is usually an insurance company, ...

Shayne Albine

Why Work in Progress Schedules Are So Important “Can you send me a WIP that goes with this statement?” “Can you send me the fiscal year-end statement with WIP?” I’m sure you’ve heard those questions or some ...

Erik Mueller

Increase Your Bonding Capacity by Growing Your Business Are you ready to grow your business? Maybe you’d like to bid on larger projects. Or the owner of your current job likes your work and wants to hire you for ...

Wayne Messick, AFSB