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The surety industry is asking federal, state and local officials to take emergency action to update decades-old surety rules requiring stamped notarizations and ink signatures that the Covid-19 pandemic has made impossible or more difficult while social distancing and shelter rules are in place.

The ...

04/08/2020 04:00 AM

April 6, 2020

The President
The White House
Washington, DC 20500

Dear Mr. President:

We, the undersigned trade and professional organizations representing tens of thousands of firms and individuals engaged in architecture, engineering, surveying and mapping, prime contracting, subcontracting, specialty...



04/08/2020 12:00 AM
Insurance giant QBE has made a dramatic U-turn on its sudden decision to withdraw from the trade credit insurance market following major pushback from the construction industry and the federal opposition. On Saturday QBE told customers it would no longer provide trade credit insurance for businesses...
04/06/2020 12:00 PM
COLUMBUS, Ohio, April 2, 2020 /PRNewswire/ -- The COVID-19 pandemic and the historic federal, state, and local government efforts to mitigate its spread has stopped the economy in its tracks. Social distancing and self-isolation may result in the US unemployment rate reaching record levels. The dial...
04/03/2020 12:38 PM

Insurance stocks have been pummeled by the Covid-19 coronavirus outbreak. Business will be affected, and Wall Street is starting to cut its forecasts for the companies’ performance, but there is a disconnect between how far stocks are down and how much estimates are falling.

That creat...

04/02/2020 01:48 PM