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Pennsylvania's Supreme Court handed surety companies a major legal win on bad faith claims this week, but warned they must show up to arbitration proceedings.

The state's Supreme Court ruled that Pennsylvania's insurance bad faith statute does not apply to surety bonds, sparing the industry from pote...

02/20/2026 09:25 PM
WASHINGTON — Today, the U.S. Small Business Administration (SBA) announced that its Surety Bond Guarantee (SBG) Program delivered record results in fiscal year (FY) 2025 with $10.6 billion in guarantees, marking the strongest year in the program’s history. In FY25, the program supported more than 2,...
02/20/2026 01:06 AM

Zurich/Sydney, 20 February 2026 – Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, has agreed to acquire the Global Trade Credit and Surety business of QBE Insurance Group (QBE), subject to regulatory approvals.

Upon successful completion, the acquisition will strengt...

02/20/2026 01:00 AM

The United States surety insurance market has enjoyed a boom the likes of which it has not seen in 10 years.

The United States surety insurance market has enjoyed a boom the likes of which it has not seen in 10 years.    (Adobe Stock photo) With a hat tip to the Federal Reserve for funding ...

02/20/2026 12:56 AM

OLDWICK, N.J.--(BUSINESS WIRE)--The February issue of Best’s Review includes the following exclusive rankings:

Largest Surety Insurers

Largest MENA Insurers

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access ...



02/20/2026 12:49 AM