ORSC Blog

Contractors Must Know Their Contract and Strategize to Avoid Damage Claims When a construction project is delayed, damage claims can result, and fingers are quickly pointed at the contractor to be held accountable for these damages. ...
Market Your Agency to Build a Profitable Book of Surety Bond Business How does an insurance agency go after surety business if they've never sold surety bonds before? Chances are if you are an established insurance agency, you've ...
Beware of Bond Fraud A recent article in Business Insurance magazine, “Surety bond scammers sentenced to prison time,” reminds us that surety fraud is a serious crime that can have ...
Choosing a Bond Producer for the Long Run The agent you select for your surety bonds has a tremendous impact on your ability to get a project bond approved. Bond producers are key partners in getting that ...
The Difference Between a Balance Sheet and an Income Statement We often get questions about financial statements and why they are important to the bond underwriting process. Underwriters will generally ask for several key ...
The Art of Saying No A few years ago one of my contractor clients wanted to bid a $24mm project. The project was about three times bigger than anything they had built to date, but the ...
What to Look for in a Commercial Surety Bond Form Insurance agents will occasionally write a commercial surety bond as an added service to their clients. These agents know their way around property-casualty ...
Construction Company Do’s and Dont's of Smart Contract Bidding This article originally was published by the National Association of Surety Bond Producers and is being republished with the express permission of NASBP. Placing ...
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 ...
It’s Not Just About Rates. It’s About Valuable Service In today’s world, we are surrounded by advertisements. And whatever the product is, advertising consistently drives price to hook new customers. But is that the ...

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

Contact Us