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A surety is chasing nearly $7 million from a contractor that allegedly walked off a New Jersey public works job, leaving unpaid subcontractors behind.

Berkley Insurance Company filed suit on December 23, 2025, in the US District Court for the District of New Jersey against Tekcon Construction, Inc. a...

Chubb plans to trim its workforce by as much as 20% over the next three to four years as part of a groupwide digital transformation aimed at automating key insurance functions.

The initiative, outlined in an investor presentation, will roll through roughly 70% of the organization in the next three ye...

BATON ROUGE - Palomar Holdings, Inc. (NASDAQ:PLMR) has agreed to acquire The Gray Casualty & Surety Company from private equity firm BCP, according to a press release statement issued Thursday.

The transaction, which has received approval from both companies’ boards of directors, is expected to c...

By Matthew Sellers

A $3 million bankruptcy battle between Hartford Accident and Indemnity and Capital Credit Union is putting surety agreements under the spotlight for insurers nationwide.

When North Dakota-based Pro-Mark Services, Inc. filed for Chapter 7 bankruptcy in April 2024, it set off a contes...

 $1.6 million payment dispute over a federal military renovation has put Sauer Construction, LLC and Federal Insurance Company at the center of a legal battle over surety bond obligations under the Miller Act.

Paramount Mechanical Corporation, based in Virginia, filed a complaint in the United S...