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A new contractor has been chosen to finish work on the long-delayed East Gadsden Community Center.

At Tuesday’s meeting of the Gadsden City Council, it authorized an agreement with Bob Smith Construction, Inc. to complete the remaining work under the original contract for the project

The original bid ...

When do the terms of a surety bond allow a construction project owner to withhold payments to a contractor?

This question could go to the Supreme Court of Canada, which recently announced a federal crown corporation wants to appeal a Newfoundland court decision resulting from a $2.3-million ferry wha...

Virginia insurance regulators say the immigration bond surety company known as Libre by Nexus Inc. is violating the law by acting as an unlicensed insurance agent. The State Corporation Commission’s Bureau of Insurance says the company solicits, negotiates and sells immigration surety bonds without ...

The insurers feel that various initiatives taken by the government such as recapitalisation of PSBs and their mergers will boost the liquidity situation in the market

Slowdown in the economy has adversely impacted the trade credit insurance segment of general insurers. This is because claims in this ...

AIG, Chubb, Markel, Swiss Re and Zurich are potentially liable for Thomas Cook repatriation and refund costs as they provide shortfall insurance for the Air Travel Organiser’s Licence’s (Atol) primary source of funding, The Insurance Insider can reveal.

The Air Travel Trust (ATT) fund is the main sou...