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The 2025 Credit and Surety Market Survey by Axa XL polled 31 senior professionals from 28 companies across the globe (File photograph)
The global credit and surety insurance sector has shown steady growth despite ongoing economic and geopolitical uncertainty, according to the 2025 Credit and Surety M...
US Fire's attempt to compel $13.5M in collateral for three decommissioning bonds failed—New York court says no imminent loss or asset risk justifies injunction
A New York Supreme Court judge has rejected efforts by Crum & Forster owned US Fire Insurance Company to compel affiliates of MLCJR, LLC ...
Outdated processes and regulatory confusion are slowing down Canada's surety industry just as infrastructure investments and complex projects ramp up
By Chris Davis
As Canada increases infrastructure spending, the industry should consider integrating AI-assisted surety practices to keep pace. Outdated...
WASHINGTON, DC / ACCESS Newswire / March 3, 2025 / The Surety & Fidelity Association of America (SFAA) and the National Association of Surety Bond Producers (NASBP) led a Legislative Fly-In with members from across the industry to educate Congress on the value of construction surety bonds and ad...
CHICAGO — PMC Casualty Corp. argues that an Illinois federal judge properly denied Virginia Surety Company Inc.’s motion to dismiss a lawsuit accusing it of failing to remit $20 million allegedly owed under a vehicle service contract reinsurance agreement.
In a Feb. 25 opposition filed before Judge M...