Blog

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Accredited Surety and Casualty Company, Inc. (Accredited) (Orlando, FL). The outlook of these Credit Ratings (ratings) is stable. Accredited is who...

Contractors on public and private projects are often required to obtain surety bonds to secure their bidding, payment, and performance obligations under a construction contract.

A bond is a three-party contract entered into by the surety, the principal (contractor) and the obligee (owner) in which th...

Once again, the University Estates development in northwest Athens is the subject of litigation, with a bonding company called Developers Surety & Indemnity filing a complaint against UE and its former developer Dr. Richard Conard, along with secretary Elizabeth Conard.

During Conard’s time devel...

EVANSVILLE, IN (WFIE) - Court documents show Peyronnin Construction filed for Chapter 7 bankruptcy on Monday.

That means several multi-million dollar construction projects are in the lurch, including the McLean County Regional Water Treatment Plant, the International Blue Grass Museum, Owensboro Comm...

RICHMOND, Va. and HOUSTON, Feb. 1, 2017 /PRNewswire/ -- Markel Corporation ("Markel") (NYSE: MKL) and SureTec Financial Corp. ("SureTec") announced today that they have entered into a definitive agreement for Markel to acquire SureTec for approximately $250 million, inclusive of ...