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A $1.9-million surety bond claim has resulted in a landmark court decision in favour of The Guarantee Company of North America.

A-1 Asphalt Maintenance Ltd. went bankrupt in 2014. At that time it was a contractor on four road-paving projects in Ontario. As a result of A-1 Asphalt’s bankruptcy, the Gu...

01/18/2019 04:05 AM

As the construction industry in Canada becomes more prone to legal disputes, the need for robust construction insurance policies and surety bonding is growing critical in tandem. Insurance and bonding both play vital roles in ensuring both public and private construction projects are completed on ti...

01/14/2019 01:52 PM

CONWAY, SC (WBTW) - An insurance company has filed a lawsuit against Horry County Schools and others alleging they haven't been paid nearly $3 million for work on schools.

The lawsuit was filed by Selective Insurance Company of America on Monday, the lawsuit says. Horry County Schools, MetCon Constru...

01/09/2019 11:44 AM

While physical construction on the new Washburn Tech East campus is at a standstill, educational offerings will start as scheduled Jan. 7 at a temporary location, officials announced Monday.

The Antioch Family Life Center, 1921 S.E. Indiana Ave., will host classrooms until construction is complete on...

12/19/2018 01:59 PM

Partial termination and proper notice is contested

Lawsuits are nothing new in construction insurance or surety, but some of them have novel twists.

Such as a partial termination of a subcontractor by a prime contractor. And a countersuit by a surety against a contractor. One recent project had both.

H...

12/01/2018 01:28 PM