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Global insurance broker Marsh USA filed suit against competitor Aon and a former Marsh team leader for allegedly poaching key members of Marsh’s construction surety team who resigned and moved to Aon last month.
A complaint filed by Marsh in federal court in New York accuses Aon and its former constr...
The Eighth Circuit has affirmed that Liberty Mutual's bond obligation did not extend to a subcontractor
In a dispute arising from a federal power infrastructure project, the Eighth Circuit Court of Appeals ruled in favor of Liberty Mutual Insurance Company, finding that the insurer was not liab...
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Outdated processes and regulatory confusion are slowing down Canada's surety industry just as infrastructure investments and complex projects ramp up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 Outdated...