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 ...
Cynthia Combs
DocuSign Improves Efficiency for Our Indemnity Agreement Process
Old Republic Surety Company is now accepting electronic signatures for our General Indemnity Agreements and our FastBond Indemnity Agreements. With DocuSign, we ...
Brady Mayer, AFSB
Maintaining Surety Credit in Times of Growth and Transition
Most construction companies in the U.S. are owned by an individual or the members of a family. Yet, according to the Family Business Alliance, only 30% of ...
Erik Mueller
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
How to Take Your Business to the Next Level and Increase Your Bonding Capacity
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
Cross-Selling Opportunities in Commercial Surety
An insurance agent who can accommodate clients’ surety bond needs along with their insurance is a well-rounded agent. You are providing your insureds with ...
Sharyl Markovits
How Sureties and Contractors Can Mitigate Performance Defaults
No one likes it when a job goes south. The owner loses money, subcontractors don’t get paid, and there can be costly litigation. In short, it’s in everyone’s best ...
Alan Pavlic
Contractors Can Seek Relief Through The CARES Act
The vast majority of businesses in the United states are classified as Small Businesses under standards of the Small Business Administration (SBA). Deteriorating ...
Mike Sanders, AFSB
Will COVID- 19 Be Considered a Force Majeure?
On March 17, 2020 the City of Boston became the first city, but not likely the last city to close down all construction projects currently in progress due to the ...
Darrel Lamb, CPCU, AFSB
Maintaining Your Surety Relationship — Share the Ugly, Celebrate the Success
In order to maintain a good relationship with your surety, you must be as transparent as possible. We really don’t like surprises. If anything happens with your ...
Jason C. Walton, AFSB
