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Exploring the Pros and Cons of Commercial Surety Bonds
Construction 08/12/2024
Surety bonds are a type of financial guarantee that ensures one party will fulfill its obligations to another. Commercial surety bonds are specifically designed for businesses and are commonly used...
On a large construction project, so much attention is spent on evaluating the third-party aspect of the risk, particularly in areas where heavy construction defect litigation is prevalent. However,...
The Surety Bond Industry is constantly evolving to meet the changing needs of businesses. In recent years, there have been several trends and developments that are shaping the future of the...
AssuredPartners Construction represents over 21,000 construction clients nationwide, with over 200 construction professionals to serve you. Contact our team to learn more.Builder’s risk insurance is...
Construction sites are inherently dangerous, with numerous hazards and risks that can cause serious injuries or even fatalities. As a construction company owner or manager, it is your responsibility...
April is an important month for the construction industry, as it champions National Safe Digging Month and National Work Zone Awareness Week. These initiatives are not just about safety; they are...
The Longshore and Harbor Workers' Compensation Act (LHWCA) is an important federal law designed to provide benefits to employees engaged in maritime work or occupations, covering those who work...
Surety bonds play a crucial role in the construction industry, providing financial protection and ensuring project completion. Two common types of surety bonds used in construction projects are bid...
When it comes to high-risk industries like construction, numerous factors can jeopardize a company's operations and financial equilibrium. These can range from construction site mishaps to property...
A Wrap Up or a controlled/consolidated insurance program (CIP), or wrap up, is a centrally procured and managed insurance and risk control program implemented for a construction project or a series...