ORSC Blog

Contractor Materials Shortages and Materials Price Inflation We all know well that the availability and prices of many of the materials used by construction contractors have been affected dramatically since the start of the ...
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 ...
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 ...
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 ...
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 ...
How Do I Increase My Bonding Capacity? We are often asked by agents and contractors about how they would go about increasing their bond capacity.  The amount of things a contractor can do to accomplish ...
Consider These 4 Questions When Hiring a Subcontractor If you’re a general contractor, you know the right subcontractors can mean the difference between a smooth job and a million headaches. While a surety company ...
Adventures of a Corporate Climb: Meet ORSC’s Bond Manager — Scot Albrinck Everybody has an Everest — a grandiose goal — Scot gives us a sneak peek (or perhaps we should  say peak) into his. Staring the mountain in the face A few years ...
What to Expect - The New Revenue Recognition Standard In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (“Topic ...
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 ...

Subscribe to Our Blog

Posts by Topic

see all

Learn more about our services and how we can help you.

Contact Us