Search for: "Contractors Bonding and Insurance Company"
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23 Jan 2023, 2:32 pm
Learn about the crypto ecosystem, the fall of FTX us regulation of the crypto markets and potential silent crypto exposure under traditional insurance policy. [read post]
11 Oct 2022, 8:28 am
To be clear: contractors cannot negotiate your claim with the insurance company. [read post]
2 Oct 2022, 12:28 pm
To be clear: contractors cannot negotiate your claim with the insurance company. [read post]
5 Sep 2022, 4:15 pm
Massachusetts Division of Insurance. [read post]
4 Aug 2022, 8:29 am
In addition, Scollick sued the Sureties that issued bid, performance, and payment bonds based on the theory that the Sureties allegedly knew that the small business, SDVOSB contractor was actually controlled by a large contractor and issued the bonds based on the strength of the large contractor’s bonding capacity. [read post]
9 Jun 2022, 9:49 am
Copies of any bonds or letters of credit posted with any state or local agency should also be requested. [read post]
1 Jun 2022, 6:12 am
For example, if you run a construction company, you may need contractor bond insurance coverage. [read post]
1 May 2022, 6:57 am
When a surety issues bonds, the objective is that all losses it incurs gets reimbursed because the bonds are NOT insurance policies. [read post]
13 Apr 2022, 9:32 am
This treatise covers major property and casualty policies that a business may purchase including first party property and builders’ risk, general liability, directors and officers liability, professional liability, and surety bonds, performance bonds, and fidelity insurance. [read post]
18 Mar 2022, 6:00 am
A properly filed bond claim puts the credit of a large insurance company in place of that of the principal and will provide the money necessary for payment. [read post]
11 Jan 2022, 1:20 pm
To do this, I need to work with the client and its whole team of advisers (accountants, bonding and insurance companies, etc.). [read post]
2 Dec 2021, 9:03 pm
The report also advocates raising the rate for the bonds that companies must post to cover cleanup costs in the event the company can no longer pay for cleanup costs, such as when a company enters bankruptcy. [read post]
2 Sep 2021, 9:04 am
Many surety bond companies won’t issue a bond without having sufficient security from the [read post]
30 Aug 2021, 5:00 am
“Indicators of a good faith effort” include: Conducting market research to identify potential small business subcontractors Soliciting small business participation as early as practicable in the acquisition process Negotiating in good faith with interested small businesses Directing small businesses that need additional assistance to the SBA Assisting small businesses in obtaining bonding, insurance, equipment, Participating in the mentor-protégé program… [read post]
9 Jun 2021, 11:43 am
Cincinnati Insurance Company, the Court was confronted with a possible conflict between the legal requirement that any waiver of the right to pursue a Miller Act claim must be explicitly waived in writing and the clear contractual language between the general contractor and the plaintiff stating that mediation was a condition precedent to suit. [read post]
9 Jun 2021, 11:43 am
Cincinnati Insurance Company, the Court was confronted with a possible conflict between the legal requirement that any waiver of the right to pursue a Miller Act claim must be explicitly waived in writing and the clear contractual language between the general contractor and the plaintiff stating that mediation was a condition precedent to suit. [read post]
8 Mar 2021, 3:00 am
Savings Bonds and Notes;” orFederal contractors and subcontractors with at least 50 employees that have a contract worth more than $50,000. [read post]
19 Dec 2020, 8:22 am
Such was the situation in Maine Bonding & Casualty Company v. [read post]
1 Dec 2020, 1:55 am
The Remaining Extenders Many of the remaining extenders were originally designed to phase out, often because they were part of temporary bills like the stimulus package in response to the Great Recession.[7] In 2015, Congress made 19 of the more popular (and in some cases, better designed) extenders permanent and left 34 temporary.[8] Since then, Congress has created additional temporary tax policy, including several components of the TCJA, and permanently repealed others, such as the taxes that… [read post]
30 Nov 2020, 2:37 am
The surety, Federal Insurance Company, acknowledged “that its liability is coextensive with Consigli’s. [read post]
