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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...

CHARLESTON, W.Va. (WCHS) — West Virginia Sen. Jim Justice has been issued a garnishment summons to pay more than $3 million in debts owed to an Illinois-based creditor after the senator failed to repay a bond, court records show.

The summons, issued on Jan. 28 by the United States District Court, Wes...

The insurance sector offers significant growth potential despite challenges like outdated underwriting, trust issues, and complex processes. Opportunities exist in areas such as vehicle underwriting, SMB insurance, and surety bonds, with innovation-driven startups poised to capitalise on these gaps.

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WASHINGTON, DC / ACCESS Newswire / February 13, 2025 / The Surety & Fidelity Association of America (SFAA) commends Senators Mark Kelly (D-AZ) and Kevin Cramer (R-ND) and Representatives Mike Bost (R-IL) and Chris Pappas (D-NH) for the introduction of the Water Infrastructure Subcontractor and T...