Search for: "Contractors Bonding and Insurance Company"
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30 Apr 2008, 11:26 pm
How do you check on a bonding company whose name doesn't sound familiar? [read post]
21 Aug 2013, 4:25 am
Berks Products, therefore, brought a payment bond claim against, Arch Insurance Company. [read post]
2 Jun 2019, 1:03 pm
In fact, one task of a consortium of insurance companies known as the Insurance Services Offices is to develop standardized CGL policy forms. [read post]
22 Dec 2010, 2:00 am
I’ve welcomed the enactment of SB 392 (Florez) which authorizes the Contractors’ State License Board to issue contractor’s licenses to limited liability companies. [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]
5 Dec 2017, 12:53 pm
Chicago-based Hub International Limited, a global insurance brokerage, has acquired the assets of Timonium-based Contractor’s Services Inc. and Surety Services LLC, company officials announced Tuesday. [read post]
15 Apr 2024, 12:20 pm
Because insurance companies refused to issue the necessary coverage to contractors, work could not begin on any new projects until the law was reworked. [read post]
5 Jun 2012, 3:37 am
The insurance company that issues the bond bond is the surety. [read post]
17 Jun 2015, 5:30 am
Unregistered contractors typically have no insurance and no bond, making it tough for consumers to recover damages if something goes wrong on a project. [read post]
31 Jan 2011, 9:38 pm
The surety: the insurance company or surety bond agency who issues the bond to the principal, thus holding the entity accountable for fulfilling the contract. [read post]
19 Oct 2011, 12:47 pm
With insurance, risk is assigned to the insurance company that is protecting their customer. [read post]
29 Feb 2024, 11:23 am
The court in North American Specialty Insurance Company v. [read post]
29 Feb 2024, 11:23 am
The court in North American Specialty Insurance Company v. [read post]
17 Nov 2014, 5:57 am
How do bonding companies seek to avoid losses on troubled construction projects? [read post]
31 May 2013, 12:22 pm
Payment bonds (sometimes also called surety bonds or construction bonds) and performance bonds are essentially insurance contracts between three parties: the Obligee (the project owner which is often a governmental agency) the Principal (the purchaser of the policy which is often the general contractor the Surety (the underwriter which is usually an insurance company) Payment bonds offer assurances to those on lower… [read post]
25 Jan 2018, 3:44 pm
Typically, the surety is a surety bond broker or insurance company. [read post]
5 Apr 2011, 1:04 pm
A payment bond, in simple terms, is an insurance contract between the governmental entity which owns the project or the prime contractor and the insurance company. [read post]
5 Apr 2017, 12:39 pm
When your construction company buys insurance, that insurance is meant to protect your company. [read post]
30 May 2013, 8:43 am
Treasury list; and the surety must be licensed to do business as a surety or insurance company in the State of Tennessee. [read post]
20 Dec 2018, 12:42 pm
James Most contractors are diligent about making sure that they pay their licensing fees, renew worker’s compensation insurance, and maintain the required bonds. [read post]